RE: Data On HBDStabilizer | HBD Received And Sent To The Hive.Fund
(Edited)
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There are some small amounts of HBD transfers from the @hbdstabilizer to the @hive.fund. These are most likely the beneficiaries rewards
The beneficiary rewards are treated the same way as DHF funding, so HBD is traded for HIVE as long as HBD is overvalued.
The reason some HBD got sent back is there were periods when HBD was not overvalued. So under those conditions, HBD received from DHF and beneficiaries is sent back right away, and HIVE that ends up in the account (mostly from power downs of HP beneficiary rewards) is used to buy HBD, which is then also sent back.
Also, i think the graph after that paragraph is missing.
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Ok, thanks for clearing that out ... About the chart, I decide to remove it and just put the overall numbers in, since it was not much of info in it ... but obv, I forgot to delete the sentense :) corected now
P.S. Have you thought about an oposit operation, if hbd needs suport on the down side?
I think it is less needed for now since we have HBD to HIVE conversions, and also I think the goal of witnesses should be sustain enough demand with interest that HBD being below 1.00 should be rare (but will still happen on occasion). For multiple reasons that hasn't happened so much in the past but should be better handled going forward.
I might still consider it though. Already the stabilizer does do a bit of HBD buying when it gets HIVE from powering down HP, but this is relatively small.