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RE: Top Hive Earners By Category | Authors, Curators, Witnesses, DAO | February 2021

in LeoFinance3 years ago

HBD stabilizer doesn't burn the Hive it busy, it sends it back to the DAO, letting the funds be used again for funding other projects/itself again.

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Hm ... maybe something changed ... i remember the first proposal was for burning ... Also sending Hive to the DAO.. and not HBD needs that Hive to be converted to HBD to be usable...

Posted Using LeoFinance Beta

The DAO automatically converts any HIVE sent to it into HBD. It's done instantly, not via the slow trickle that applies to the "ninjamine" fund. Same thing happens when the DAO is set as beneficiary and receives HP.

Nope, it has always been sending to the DAO, never has involved burning: https://peakd.com/hbd/@smooth/request-for-comments-hbd-stabilization-dhf-proposal

Maybe you are thinking of burnpost?