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RE: My take on the increased HBD price and it's impact for proposals

in #dhf4 years ago

hivesigner/ecency and hive in general would benefit so much more from you hiring a contractor with the extra funds to work on some new features imho.

you are right and we have 6 guys working in all 3 proposals combined, it is all or nothing in current state, but with this approach, there is some compromise on both sides and we can continue focusing development, improving, innovating.

Also regarding reducing the supply/increase future funding, while true I think it's a drop in the bucket, the hivesigner prop pays out 70 hbd per day, so half of it goes back to stabilizer, meaning 114 extra hive per day it's nothing compared to the 76 million hive from the ninja mine waiting to be converted.

Drops fill the ocean 😅 I hope DHF funds will serve chain at least 20+ years

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it is all or nothing in current state

Yeah that's totally fair, If it's "not funded or half goes to stabilizer" then 100% go to stabilizer

Drops fill the ocean 😅 I hope DHF funds will serve chain at least 20+ years

Haha the 10% inflation is a more reliable/ bigger source than 2 months of "above the peg" I think

Haha the 10% inflation is a more reliable/ bigger source than 2 months of "above the peg" I think

Similar point that I made above. There is no guarantee that the market will absorb the 10% of inflation without just hurting the price. Maybe it will, maybe it won't. But when the market does give us a way to suck in some value on very favorable terms, we should take it. The amount here is pretty significant, I think we've pulled in several hundred thousand USD worth at this point, and still going. In a month or two it could be at least a million or two.

here is no guarantee that the market will absorb the 10% of inflation without just hurting the price

Fair point, I guess we'll have to see.

it. The amount here is pretty significant, I think we've pulled in several hundred thousand USD worth at this point, and still going. In a month or two it could be at least a million or two.

The hbdstabilizer yes because it's funding is 850 hbd per hour, but the "normal" proposals that are getting paid 10-20 hbd an hour don't have that big of an impact if half of it went to stabilizer instead of funding more development imho

Once again I would say we agree on these points.