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RE: Community Poll: Is the HBD Stabilizer "Experiment" Worth Cutting All But a Single Developers DHF Funding? EDIT

in #pole3 years ago

The leasing proposal is over, yes. It was around 74% funded or so.

I agree with you that the HBD peg is unlikely given it's implementation has shown over the hears to be less than performant price peg wise than what a "stable" asset should be.

I have yet to see any definitive proof of HBD stabilizer working sadly. As you said trying it for a week or two is one thing.. But for months? The repetition of something that isn't working alludes to the price peg not being the driving factor behind this set of actions.

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i would not say it is not working, it is just not working good enough :D

i am also not smart enough to see how would big stakeholders benefit directly from the actions. (i see how would they benefit from hive price going up) and i never checked but most probably have a decent amount of HBD so in the short run they would probably benefit more from just letting the price pump and selling it. I know blocktrades mentioned on the clowns post that if this does not work in few weeks he is considering the option of leasing the HBD he owns and dropping the exes proposals for stabilizing. So i think he has some amount of hbd