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RE: Printing HBD | Data On HIVE to HBD Conversions And The Opposite By Date And Accounts

in LeoFinance3 years ago

When the stabilizer sends HIVE back to the DHF, that implicitly gets converted HIVE->HBD so that is another mechanism that adds to the explicit conversion transactions. Currently that is around 100K HIVE per day being converted.

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Yea I noted that, but those a bit of specific conversions, similar to the premine that is being converted.
Will take another whole post to add those :)

P.S. Looks like we will hit the debt floor soon... any plans for that?

Not short term, as it would require a hard fork and there is a view that it is too soon to bug exchanges again, so it will limp along. The stabilizer will continue to work and convert HIVE into HBD (as long as HBD remains overvalued) due to the fact that HBD inside the DHF doesn't count toward the limit and the donation function (and ninja) doesn't observe it. In the past the stabilizer has been enough to eventually bring the price down, although not necessarily quickly, so maybe that will be enough.