You are viewing a single comment's thread from:RE: LeoThread 2026-02-02 07-33View the full contextthelastdash (70)in LeoFinance • 3 months ago What's happening on Hive, no more HBD claim on rewards? I saw HIVE and HP, no HBD.
The ratio might be out of alignment.
What it means now, is that the HBD part of the rewards are now being used to buy the HIVE?
So HBD is a Hive backed debt instrument. When the debt ratio gets too high, happens when Hive's price is taking a shit, then it will stop producing the HBD reward inflation to fix the ratio. So you get paid out in more Hive power.
With the price drop that makes sense.
yep the price drop is throwing things off.
we knew this was coming
What, let me check.
You're not the only user saying this. What happened?
Debt climbed above 20% so it's coded to stop paying out HBD at that point and instead only pay out Hive instead.
Haircut started