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RE: The HIVE Supply Is Going Down | A Breakdown Of The HIVE Historical Supply

in LeoFinance9 days ago

HIVE is being removed in all the ways that was mentioned above, but mostly from conversions.


While this may look to be the case, in reality it isn't as clear. There is over 28M HBD printed right now (outside of the HDF), this acts as a debt to the Hive blockchain as a promoise of $1 worth of Hive in the future.

At the current price, that is nearly 38M Hive that can be printed at any point.

Something to keep in mind when looking at the numbers.

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Yes a lot of HBD is created in the process. This is why I put the VIRTUAL SUPPLY that included the HBD converted to HIVE at prices at the moment. The virtual supply is down as well. This will stay that way as long as the HIVE price holds. If the prices drop then up we go :)

What does it mean out of the HDF?

Ignore HBD in the Hive Decentralized Fund (Proposals).

Posted Using LeoFinance Beta