HIVE Inflation| Yearly Down -3.22%, For November Up 1.30%

in #hive3 years ago

A main takeaway from my recent Hive Supply and Inflation post.

DateHIVE Supply
Jan-01-2021380,208,202
Nov-01-2021363,151,359
Nov-30-2021367,950,000

DateInflation
Jan - Nov, 2021-3.22%
Nov, 20211.30%
Sort:  

Ah yeah, I've heard about that on the CCT as well. Strange, isn't it.

It is mostly because of the HIVE to HBD conversions.

But it‘s still burned permanently right? If people convert back, how’s that handled?

HBD in theory holds locked HIVE ... it can be unlocked (converted back) at any time. The higher the price of HIVE the better.

Oh snap

This chart shows the overall supply including hive in the hbd, as virtual hive

image.png

Hmm, interesting 🧐

. it can be unlocked (converted back) at any time. The higher the price of HIVE the better.

Does this basically mean the higher the price of HIVE, the more HIVE gets locked up. And the lower HIVE goes, the greater a flood of HIVE gets unlocked?

The higher the price of hive, the less you can extract from hbd and the oposit

Congratulations @dalz.shorts! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You received more than 3250 upvotes.
Your next target is to reach 3500 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Saint-Nicholas challenge for well-behaved girls and boys
Feedback from the December 1st Hive Power Up Day
Hive Power Up Month Challenge - Winners List