above target and putting us on track for a 9% inflation year which was projected to be 6%?
Seems the majority of the inflation is coming from HBD conversions back into HIVE, I presume for sale on the market back into fiat to fund passive HBD holders.
I’m considering lowering our HBD APR much lower than it is already set. I don’t want hive power holders to be diluted any further (although there is a high likelihood of more pain ahead over the next few months unless the HIVE price goes up from here).
Lowering HBD APR seems well overdue to me
That doesn't make sense and it's clearly market sentiment
The problem with that is that the HBD APR was one of the (if not THE) main motivation for buying HIVE.
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