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After discussion with the community, he’s designed the code to convert 0.05% of the Hive in hive.fund once each day. At this rate, assuming no new Hive was added, all the hive there would be converted in 2000 days (100% / 0.05 = 2000) which is approximately 5.48 years.
Wouldn't it take longer than that? If 0.05% of it is converted each day, then the next day will have less converted than the previous day, and that happens each day, meaning it'll take longer than 2,000 days to fully convert it. Or is it a fixed amount of the HIVE thats getting converted each day(but the assuming no new Hive was added part makes me think that it's not a fixed amount, but from balance).
RE: A "quick" update on the progress of Eclipse (Hive Hardfork 24 software)