Yes, the users who receive HBD from the DHF are almost instantly converting and selling,

Are they using the conversion or trading hbd for hive?

Wondered if most of the conversion is caused my DHF recipients or if it's hbdstabilizer mostly, as trading hbd for hive doesn't sound as bad at current prices as it would just utilize hive on exchanges mostly from the matchmaking/arb bots trading in the inner market.