PostsCommentsPayoutssmooth (73)in LeoFinance • 3 days agoRE: HBD DepegCorrect, this is how pegging should get better than it is. Doing this gives you an incredible return on USDT or USD of say 5% over a few days or 500% per year. If it takes longer…smooth (73)in Hive Statistics • 28 days agoRE: Data on the HBDStabilizer Performance | HBD Added in the DHF and Removed from CirculationI'm not sure why but coinmarketcap doesn't even seem to report the HBD price correctly. For example, right now it reports it as $1.07, but the only exchange listed there is…smooth (73)in LeoFinance • 2 months agoRE: Over $14,000 USD worth of Hive & HBD burned in FebruaryAssuming you are referring to the burn posts, it makes no difference. The HBD is created during the payout process by destroying the HIVE that would otherwise power up, and if it…smooth (73)in LeoFinance • 2 months agoRE: HBD interest rate It's actually the median of the 21 active witnesses (top 20 plus one dynamic backup). That's why the rate has been fluctuating between 19% and 20%. The top 20 are exactly divided…smooth (73)in LeoFinance • 5 months agoRE: Remove content rewards from base layer? /Yea or Nay?I don't understand the connection with #1. I don't support yield farming. That's just staking with extra spam. So I agree it is a downgrade. I don't agree whatsoever with #2…smooth (73)in LeoFinance • 5 months agoRE: Remove content rewards from base layer? /Yea or Nay?To be clear, this wouldn't address your issue of adequately paying creators, which would still need to come from consumers via advertising or subscriptions at level 2. It would…smooth (73)in LeoFinance • 5 months agoRE: Remove content rewards from base layer? /Yea or Nay?"Unsustainable" is not really the right standard. Can an extra 6% or so inflation with little to show for it be "sustained"? Probably, it's not earth-shattering. But it's also…smooth (73)in LeoFinance • 5 months agoRE: Remove content rewards from base layer? /Yea or Nay?Apart from direct L2 revenue such as advertising or end user paymium features, the money could come from a DHF proposal that is supported by stakeholders. The level of and…smooth (73)in #hbd • 5 months agoRE: HBD stabilizer update November 2023I don't actually see that. If you look at the Hive Sucre businesses, at least some of them just sit in the HBD they receive without selling it. I'd guess they'll sell it…smooth (73)in #hbd • 5 months agoRE: HBD stabilizer update November 2023The sell pressure comes from the payouts. If you pay out HIVE and people want to cash out their rewards, it's sell pressure. If you pay out HBD and people want to cash out their…smooth (73)in HiveDevs • 5 months agoRE: Request: quality of life change with voting.OK, I'm sure you must be correct and I misremembered something about the change that was made. In any case, I correctly explained the reason for the current mechanism. It…smooth (73)in HiveDevs • 5 months agoRE: Request: quality of life change with voting.For people with smaller stakes, who don't use or IIRC don't even see the vote power slider, voting more than 10x per day would result in a lot of 'dead votes'. I'd suggest…smooth (73)in HiveDevs • 5 months agoRE: Request: quality of life change with voting.It originally worked the way you describe. The reason for the change is described in a very old post from early in the Steem era (perhaps someone can find it). The idea is that…smooth (73)in LeoFinance • 8 months agoRE: LeoThread 2023-08-25 18:22I commented here a few months ago I don't actually think it is a big deal either way.smooth (73)in #hbd • 8 months agoRE: HBD stabilizer evolution May 2023Your code doesn't need to follow the same template, though it could. There is actually added value if there are different algorithms competing to trade toward the peg. I'd vote…smooth (73)in #hbd • 8 months agoRE: HBD stabilizer evolution May 2023Not that I'm aware of. However, it's remaining stable even with the reduced stabilizer volume. Under more volatile market conditions, that might not be true, and having more…smooth (73)in #hbd • 10 months agoRE: HBD In Savings Reaches 7M HBD While The Overall HBD Supply Drops And Liquid HBD Supply ShrinksThe 'debt' is not a dollar, it's conditional. The 'rules written into the protocol' as you call it, are in fact the rules.smooth (73)in #hbd • 10 months agoRE: HBD In Savings Reaches 7M HBD While The Overall HBD Supply Drops And Liquid HBD Supply ShrinksAs background, I've been voting for a lower rate for a long time, maybe a year. However, I don't think the argument is compelling. We should see what happens when demand for…smooth (73)in #hbd • 10 months agoRE: HBD In Savings Reaches 7M HBD While The Overall HBD Supply Drops And Liquid HBD Supply ShrinksIt doesn't really find out. As with many things the counterfactual is unobservable. For example, if high interest rate is maintained and Hive does well, would it have done as…smooth (73)in #hbd • 10 months agoRE: HBD In Savings Reaches 7M HBD While The Overall HBD Supply Drops And Liquid HBD Supply ShrinksHBD can't make Hive insolvent. It's mathematically impossible. Agree on the interest rate not being a promise. I don't know where anyone gets that from.