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RE: Terra UST spectacular crash: UST debt vs HBD debt. Could the same happen to HIVE and Hive Dollar?

in LeoFinance2 years ago

I think honestly, you have to include the HBD in the DHF too, because the DHF pays Hive Proposals and could also be spent. Without the DHF, I calculated a debt rate of 7.8%. (Excluding 15 million HBD in the Hive Fund, dividing by the current Hive MarketCap).

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The maximum that the DHF can pay per day is 1% of holdings, that is around 160k per day .... but the actual payouts are much less than that

About the curent debt, the blockchain is using the feed price for HIVE to calculate the debt, 3.5 days average, that is higher that the curent market one. If in a three days the price is around these levels, the yes the debt will increase