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RE: HBD back above $2 - Are you using the opportunity to increase your Hive Power?

in LeoFinance3 years ago

lol i thought @smooth fixed this issue with his magic "vote this here to fix that over there" repeating posts?

NO guess not.

Maybe he should start downvotong Koreans. "Naughty Koreans, naughty! How dare you lot play games with our stable coin."

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I guess it started as an intended effort to stabilize the HBD and ended with the opinion that buying back HIVE with HBD to both add buying pressure while also returning excess value to the fund had more benefits to stakeholders than the remaining proposals.

I don't mind returning more back to the DHF when the HBD is high.


Posted via proofofbrain.io

That is an excellent point. The peg is not working but there is a ton of money heading back into the fund.

Posted Using LeoFinance Beta

The idea that the stabilization part might not work and the benefit would be achieved anyway via added demand for Hive was already recognized when the original proposal was made, if not earlier. See this comment for example