If I'm reading your graphs right, it looks like 20M Hive is no longer liquid. And it looks like 10M of that Hive got converted to HBD and an additional 0.5M Hive got burned during the process. So that seems to imply that 20-10.5 = 9.5M Hive that got "net powered up" (by net, I mean including power downs). Oh, never mind, I think I just realized I'm missing another component: Hive sent back to the DAO by the stabilizer. Anyways, would be interesting to see what the net powerup/down was for the month.
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The net monthly powerup/down is visible in the third graph of section 6.
Unfortunately, the huge spike in power-ups on 2020-03 prevents us to approximate its value.
I will add a table with last months' data in my next posts.
Update the post with the last 3 months' values. If you need more, let me know.
Ok, so if I'm reading your graph right, then powerup/powerdown was mostly "net neutral" during the past 30 days. Leaving unexplained where the other 10M Hive went. I suppose it could have all be Hive converted by stabilizer to HBD. But if we assume an average of 50K HBD worth of Hive bought per day by the stabilizer, that is less than 1.7M HBD per month (50K * 30 days = 1.65M HBD), and at a "profit rate of 1.20 USD/HBD", that would still only be 1.7*1.2 = 2M USD, which at a Hive price of .50 USD would only be 4M Hive converted. So I can't figure out where the other 6M Hive went...
[Edit] Hmm, I wonder if it could just be Hive still locked up in collateral from ongoing Hive->HBD conversions.
Correct.
That's what I thought too.