It's an average of the price of Hive over 3.5 says but if you use PeakD to do it then it will tell you how it calculates it.
Say the average price of Hive over 3.5 days was $0.20, you'd get 5 HIVE if you converted 1 HBD.
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I got it, so we check the price of HIVE at that time.. Thanks..
Yeah that's it! Happy to have helped 😃