RE: RE: My take on the increased HBD price and it's impact for proposals
You are viewing a single comment's thread from:

RE: My take on the increased HBD price and it's impact for proposals

howo(76)
Published in
#dhf
Words
308
Reading
2 min
6y

If devs can double their efforts to match the payouts thats amazing and I am 100% with that ... just not sure how this will be measured properly.

I mean it's up to the devs to hold their promises and to not fool themselves that they can work twice as much, I can do 30 to 40 hours a week is very much doable. And then it's up to the stakeholders to check it and unvote if they feel like it's not up to what was promised.

Btw on the dhf topic ... any plans for the next hf to clean up the dhf from the steem.dao account name even it is used only for virtual ops?

No, this was already done for hf24 actually, everything uses hive.fund, steem.dao is still used by the return proposal and some people/bots do so we will always have a vop sending money from steem.dao back to hive.fund

We could have a different return proposal but I feel like it's not worth the hassle.

On the HBD peg side ... will be interesting to explore the possibility for incetives for providing liquidity (share of inflation?) on the internal dex around the 1$ peg.

I think the incentive will be there with the hive -> HBD conversion for instance if hf25 hit today you could change 1$ worth of hive to get 1 hbd which sells for 2$, by some more hive with it and repeat, this builds up a ton of sell pressure for HBD (and buy pressure for hive :p) which will bring it down or moon hive if it doesn't. But realistically I don't see how hbd would hold above the peg against that mechanism. And if we over do it and hbd goes below 1$ then you can convert hbd to hive and do it the other way :)

@howo: If devs can double | Ecency