I would be all in favor of trying to stabilize HBD... IF the token were only an internally traded asset. But we're talking about trying to guide an open and free investment market, where speculators who have never even visited Hive are crunching numbers and trading on technicals. When HBD spiked to almost $2.50, the 24-hour volume was $8.5 million on HBD traded. We don't have the resources to counter that... and HBD was never set up as a stablecoin like a USDT which has built-in mechanisms that make it all but impossible to move the price.

And you're exactly right... in the meantime, those developing meaningful dApps on Hive are getting screwed.