Means that from now on, HIVE - HBD conversion on the posts rewards will reduce linearly if the debt keeps increasing up to 30%, where HBD printing will be halted (everywhere).
Correction, printing of HBD is halted because the stop percentage is still set to 20% since 2021.
I still need to check this comment of mine:
After 30% debt, the only way to get HBD is to convert it from HIVE (with 30%/debt% ratio) or by trading
Well I dont think it will hit the upper ceiling of 30% unless HIVE plunges below 3 cents. I dont think Hive will go that low. But who knows............
It's dependent on other markets unfortunately... but I don't think if markets stabelize it will too... but if it reaches there... those that have HBD, will feel like a king!
Means that from now on, HIVE - HBD conversion on the posts rewards will reduce linearly if the debt keeps increasing up to 30%, where HBD printing will be halted (everywhere).Correction, printing of HBD is halted because the stop percentage is still set to 20% since 2021.
I still need to check this comment of mine:
Well I dont think it will hit the upper ceiling of 30% unless HIVE plunges below 3 cents. I dont think Hive will go that low. But who knows............
It's dependent on other markets unfortunately... but I don't think if markets stabelize it will too... but if it reaches there... those that have HBD, will feel like a king!
yeah.....lately stablecoins have given a feeling of real king as compared to other coins
Note I have changed my comment above... after doing some research and checking the active values on chain.
The HBD from posts is now halted and should all be liquid HIVE.
You can check debt ratio here...
https://hbdstats.com
Ok, thanks