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RE: Real HIVE >> HBD Conversion Analysis

in LeoFinance3 years ago

"I suspect that if Hive moons it would also be a bad idea to use the spot price as the collateral measurement. This leads me to conclude that if the current spot price of Hive is BELOW the average, Hive uses the estimated spot price, but if Hive spot price is ABOVE the average then it must round down to the 3.5 day average. Would be nice if someone in the comments could confirm this."
"When operation is initiated, the collateral price to buy HBD with Hive is calculated:
collateral_price = min(last 3.5 days worth of hourly price medians) + 5%"https://gitlab.syncad.com/hive/hive/-/merge_requests/191

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When I control F search for those words they do not appear.

It looks like estimate_hive_collateral is what I'm looking for.