Yes I somewhat understand. You seem to be proposing a hive-to-hbd conversion function that would happen slowly in a pool like the dao. People would decide how much to invest, and they would get back hbd from the fund over time.

I think this would work for some economic functions. If people have an opinion of how much new HBD will be needed over some extended period of time, they can decide how much to invest, and that could help stabilize HBD.

However, those expectations may turn out to be wrong, in which case it wouldn't help. You need some other process to deal with shorter term shifts in demand.