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RE: Data On HBDStabilizer | HBD Received/Sent To The Hive.Fund, HBD/HIVE Bought/Sold On The DEX

in LeoFinance2 years ago

Re. October vs November

What happens is that when HBD is persistently less than $1, the stabilizer does HBD->HIVE conversions which lock up a lot of HBD in the 3.5 day timer. Once HBD starts to go above $1, the HBD or HIVE is just sent back. The former happened more in October and the latter happened more in November.

Recently we've seen HBD more below $1 so the balance locked in 3.5 day conversions has been increasing again.

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So less conversion in November, but still a high profit for the stabilizer