If I hadn’t watched theycallmedan’s videos, I might not have understood this perspective. He’s emphasized in many of his videos how feeless transactions are a strength, not a weakness.
When it comes to burning, there are many approaches, but as we discussed in the Hive Discord recently, burning isn’t the solution. Price appreciation is. Hive has its challenges, but feeless transactions are our superpower. Imagine an interconnected blockchain ecosystem where seamless, feeless conversions between cryptocurrencies are possible through Hive as a bridge. Nothing could stop us from reaching the top.
HBD is already a standout in the DeFi space, and it could become our go-to stablecoin. And let’s not forget how eagerly we’re all waiting for VSC!
Of course, I know it's a strength to have feeless transactions and all that, my suggestions was to actually charge in transactions; wallet to wallet, Howbeit, insignificant sums. It doesn't necessarily mean we have to burn it, but we can find creative things to do with the fees. I'm not a techy person, but perhaps the techy people would say much.
As for price appreciation, we also have to internally do things to it. Maybe adopt on-chain models that can cause price appreciation, maybe tweak one or two things here and there.
Howbeit, the Hive model is unique and that's probably no system like it out there. In my own way, I was just suggesting if we could have things like fees to maybe help the ecosystem internally.
Thanks for the Curation
I’m currently using on-chain grid bots to manage the strategies. They provide strong support and resistance levels, which helps prevent drastic price drops (free falls). The setup is very expensive, so I’ve limited it to the 0.25–0.35 range for now, but I plan to expand coverage gradually. Starting with a 500 HIVE capital, the goal is to scale up over time. As the price fluctuates within these ranges, the bot generates passive income while growing the capital reserve that reinforces support levels. It’s a slow process, but I’m confident I’ll hit my targets.
Once this initial test phase is complete, I’ll explore more advanced price-based strategies.