RE: RE: Proposal: reduce Hive inflation by reducing curation rewards
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RE: Proposal: reduce Hive inflation by reducing curation rewards

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6y

Ok, I think you're talking about the rule for when we stop printing HBD, not the haircut rule, which is when
the system starts supplying less than $1 worth of Hive for a converted HBD. These are two separate rules. So you're suggesting lowering the printing cutoff, so that we stop producing HBD once the supply is over 2% of Hive's marketcap. It's possible, but I think 10% is already pretty conservative, now that people tend to convert quicker when they supply gets too large and the haircut rule looks like it might trigger. We've also seen that HBD tracks $1 much better than it used to, again because HBD investors are more savvy nowadays.