This is a chart from a recent post of mine that I think deserves a short one :)
It shows how the creation and burning of HBD has evolved trough the years.
The stabilizer has taken the function that the conversions use to have and is the main thing that is removing HBD from circulation in the last three years.
On the other side, creating HBD has shifted from auhtor rewards only in the past to four diferent ways now, author, DHF, interest and conversions.
Do you think the shift is healthy for HBD? What is your view on it?
It is nice to see that the amount of HBD created and removed are almost equal. If my understanding is correct, we want to keep it that way to keep the amount of HBD in circulation controlled.