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RE: A Look at the Hive Debt | Data On HIVE/HBD Supply, Historical Debt, HBD Performance | Jan 2025

I got it. Thank you for the clear explanation.

As for the conversion of HBD to HIVE, I find this helpful:

. . . if the debt ratio starts to approach 30%, there will be more conversions of HBD to Hive . . .