so does that mean that one can buy about 240k HBD off of the internal market per day for a 1-2% premium?
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so does that mean that one can buy about 240k HBD off of the internal market per day for a 1-2% premium?
It depends on market conditions but when there isn't a pump going on, yes, you can often buy most or all of the stabilizer budget at a low premium. You would have to make the purchase gradually since the stabilizer receives its budget hourly and sell, converts, or returns the HBD when received.
Have you thought of adding a bigger premium for larger volumes?
This might go in the both directions.
I'm saying this because one can keep buying HBD on the DEX and convert that to HIVE without putting a market pressure on the HIVE price. To transfer this buying pressure on the market, the stabilizer will need to increase the premium, triggering HIVE to HBD conversions.
Buying larger amounts of HIVE through the DEX and the stabilizer will take a longer time, but it is possible.
In theory yes ... although not as sure for the premium, might get higher .... also the dhf doesnt have the funds for 240k, needs 24M for that, atm its around 18M, so it pays a max of 180k ... and growing
okay thanks for letting me know! that's still not too bad I guess