No, I am not sure. I always had this assumption based on overall inflation being greater than portion that goes to HP. That's why I thought as time goes by vests distributed to non-HP events would decrease the share of HP compared to total of vests.
You have a great point! I have not considered the impact of the hbd stabilizer. Numbers regrading this would be interesting. I wouldn't know where to start. @dalz some numbers please?
This is the yearly chart.
Last year inflation was around 6.7%, and in 2021 it was negative 2.7.
So if you made more than 6.7% APR on HP in 2022 you beat inflation.
This yearly is still early, the first months are a mix, but still overall lower than the projected 6.5%
Thank you so much!
Even setting aside the stabilizer, overall inflation is relative to the total supply, but liquid HIVE gets none of it. So it is possible for HP to keep up with or even ahead of inflation depending on the portion of supply that is staked.