"There is no HDB in an interest bearing account having to do with the stabilizer."
Well, it has been stated that there is. Enginewitty discussed it in the OP.
"...uses it for trading if appropriate..."
By 'trading if appropriate' are you referring here to maintaining the peg?
"Nothing is held."
So the HBDfunder comments don't provide funds that are staked and currently exceed 380k Hive?
I agree opinions differ regarding the merits of excluding authors from the rewards pool and concentrating stake in the accounts of whales. We can observe from current practices that whales prefer to centralize stake in their wallets, and fuck everybody else, the platform, and the world can go to hell.
I don't think it will matter soon, since there won't be any people here at all, but only AI socks you guys will play against each other in a game to see who can extract the most tokens while maintaining the pretense Hive is still an actual social media platform. Good luck with that. I hope you win all the Hive tokens in the world and clutch them to your chest in adoring fervor, all alone in your bunker deep underground in complete solitude. What an amazing victory that will be for you!
People are vastly more valuable than tokens. Social media - people talking to one another - has become the largest sector in global financial markets in ~10 years. Not cryptocurrency. Not mining, manufacturing, or space. People talking. Hive had a chance to be the next step in advancing social media tech, but you guys are turning it into a token mine to play against a couple dozen others instead.
GG no re.
Yes, if the market HBD price is below $1, it will attempt to buy HBD or convert and if the price is above $1 it will attempt to sell HBD. If this can't be done, the tokens being held (whether HIVE or HBD) are returned.
As for interest, you seem to be confusing staked HIVE with HBD bearing interest (which would be a savings account). The stabilizer neither ever stakes HIVE nor ever places HBD into a savings account. Any staked HIVE which is received is powered down at the maximum possible rate, used for trading (peg maintenance) and returned.