Login
Discover
Waves
Communities
Login
Signup
smooth
@smooth
73
Followers
6106
Following
0
Follow
Email digest
Resource Credits
Available
Used
Created
2016-03-25 13:36
RSS Feed
Subscribe
Comments
Blog
Posts
Comments
Communities
Wallet
smooth
hbd
6y
RE: Supplemental funding for HBD stabililzer
Yes it serves a sort of liquidity stimulator and liquidity reward.
$ 0.104
1
smooth
hbd
6y
RE: HBD stabilizer proposal
$ 0.000
0
smooth
hbd
6y
RE: HBD stabilizer proposal
Yes increasing is in the plan. Stay tuned. I would slightly disagree in the theory sense that it is always hard to know the counterfactual effect on the market. Perhaps without the activity created by
smooth
hbd
6y
RE: HBD stabilizer algorithm
Good feedback. I'll incorporate some of these suggestions in the next update. The else if chain is intentional, to throttle work done per interval. The minimum thresholds on things like claims are intended
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
There isn't any mechanism to access the reward pool.
smooth
hbd
6y
RE: HBD stabilizer proposal
Without commenting specifically on potato, which I haven't followed closely for the past six months at least, I can point to one major difference which is that there are no coins being accumulated by this.
smooth
hbd
6y
RE: HBD stabilizer proposal
Hmm, looks like I messed that up. I had originally set it to hive.fund and then decided to change it, but I guess the beneficiary got dropped. I will edit the post.
smooth
hbd
6y
RE: HBD stabilizer proposal
Yes the bot will automatically power down at the maximum rate and then deal with the resulting HIVE accordingly (immediately send to DAO currently, may be used to buy HBD to send to the DAO if we add support
smooth
hbd
6y
RE: HBD stabilizer proposal
Thanks I added this to the post
smooth
hbd
6y
RE: HBD stabilizer proposal
Even if this doesn't work, it will still represent added buying pressure for HIVE, taking that HIVE out of circulation and putting it into the DAO where it will likely stay for a good long time (approvals
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
I like LOW because it redirects any profits from conversion back to the DAO and ultimately the benefit of stakeholders rather than private actors. In an ideal highly-efficient market there wouldn't be
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Yes I was thinking of multiple proposals as well, including that they have different custodians which reduces risk without the complications of multisig. In any case, as you say we can start small for
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
I agree Hive is complicated. I don't think HBD (or SBD) before it has anything to do with that. Compared with the list of things you mentioned and probably others, in terms of complication, it's just nothing.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
I don't buy the argument that it is "complicated" and I never did. I think we really could do well to leave the "let's get rid of SBD and have one token" trope back in 2016 like all
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Yup, definitely could be done for HBD as well. If HBD gets interest then I would imagine some UIs will do just that.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Could be advantages to a second layer token, but also disadvantages. One being HDB is extremely simple at the blockchain level. The risks of errors in complicated smart contracts are significant in practice.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
If it doesn't exist on exchanges it should still work fine with the internal market. Even if your goal is to buy HDB using funds from an exchange or external fiat, you can buy HIVE and then trade that
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
Thank you for the words of support.
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
I think the UI could display pending unpaid interest (could even tick up in real time as you watch it). However that is a bit tricky because of how the interest works. If the rate is reduced then pending
smooth
hbd
6y
RE: Request for comments: HBD stabilization DHF proposal
When people stake, even for 3 days, it takes those coins off the market. They can't be sold even if the price were to increase above $1. That removal from the volume of potential sellers should tend to
← Latest
Older →