If the value of all of the HBD exceeds 30% of the value of HBD+HIVE, you can still convert HBD to HIVE but the converted value will be reduced. Last I saw the ratio was under 10%, so this is not close

Great. I vote them every day. PS. I misclicked on your comment, meant to upvote 1%. Some sort of glitch and now I can't change the vote. Enjoy.

It is maxed out given available funding from DHF, which does tend to grow over time. You can provide additional support by voting on the daily comments from hbdfunder (supports hbdstabilizer AND increases

Upbit HBD to Bitcoin volume is just fine. If an exchange has their wallet offline for much of last year, it shouldn't come as a surprise that few want to use it.

hbdstabilizer is at the top for buying but not selling because, as shown in your previous post, the HBD supply contracted during the year. So prevailing fundamental forces forced the stabilizer to participate

I wouldn't consider it a priority. We only have a few million in savings, despite the 20%.

That might be reasonable, but there is certainly a potential disadvantage to the blockchain here as well. If you have term deposits then the blockchain is stuck paying the higher rate for longer. That

The stabilizer, not even accounting for the 5% conversion fee, has generated a profit for Hive of almost $2 million while I doubt we have even paid $1 million in interest (would require 5 million HBD in

since if you convert 0.95 HBD to $1 worth of HIVE, then in essence the HIVE supply has increased, hasn't it No. Each HBD represents $1 worth of HIVE regardless of its trading price. These conversions don't

I don't know about December.

It's certainly easy to calculate since numerically 5% of the HIVE converted is just destroyed with nothing in return. Interpreting what that burn means is less objective. I think a burn like that with

Another source of profit "to the blockchain" or Hive ecosystem (but not directly to DHF) is the 5% fees on conversions from HIVE to HBD. That's not necessarily attributable to the stabilizer

Correct

Yes you're right, off by 100x, fixed.

It is simple interest accrued every block (i.e. 20% ≈ 0.00019% 0.0000019% every 3 seconds). However, you can only claim it every 30 days so that's the point at which it could compound (interest earned

No.

Feel free to repost it. I don't use that app.

How are the payments processed?

It's not what you call "exponential" (I would just call it unstable) because of the haircut rule. HBD gradually loses its backing if the HIVE drops in price too much (more than 30% of Hive market

By design it is supposed to gradually lose value if the amount of HBD in circulation exceeds the limit of 20-30% of total Hive market cap (currently 6%). In practice it may do better because some may get