2023 is going to be an interesting year in all cryptos and especially on Hive. A lot of work was done during the last Bear Season to keep the mechanics working well during a bear season, but the user base is now different and it will be interesting to see how we weather what I think will be the 2nd and hardest year of the Bear cycle.

Thanks for breaking this down, it was great to see the Net effect of HBD conversions.