11 million Hive went into the collateralized convert contracts and HBD is still sitting at $1.27 as I write this 😅
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11 million Hive went into the collateralized convert contracts and HBD is still sitting at $1.27 as I write this 😅
Crazy. Btw do you have any info about how Splinterlands creates the accounts? Do they use account creation tokens or do they burn 3 hive?
Because they should run out of Account creation tokens at some point right? If account growth stays high it could be a significant source of burns
They make requests via a standard API that some whales make available for account creation to certain services. Those whales can and have run out of account tickets before with surges in new accounts.
IIRC, @yabapmatt said they were paying 3 Hive for the accounts, not using account credits.
Perhaps it has changed, when I looked at new accounts a few weeks ago they were being created with 'create claimed account' transactions.
Yep, I think they changed to buying them a while back. I just checked and found they are buying them currently: