New HBD is being printed daily at fast rate, and HIVE destroyed in the process.
We are now at 14M HBD, or 9M for the purpose of debt calculation (5M from the DHF excluded).
At 0.5$ price for HIVE, this is a debt ratio of 5%. We still have room :)
But if the trend continues, eventually the 10% will be reached? Then authors will stop receiving HBD as rewards, but will the HIVE to HBD conversions will still be an option?