You are viewing a single comment's thread from:

RE: HIVE to HBD Conversions and the Opposite | More HIVE Created from Conversions? | Nov 2024

Out of the 4.5M new HBD added in circulation in 2024, around 2.5M was DHF payouts, 1.2M interest rewards and 0.8M HBD author rewards.

DHF payouts are more than 3 times as much as author rewards? Wow.

Sort:  

hbd stabilizer and fake liquidity on HBD benefits mostly small party taking money from DHF. Many users on hive noticed DHF rush, how DHF pays more and more money every year to small party of people while hive lose users and value. They believe in it while they can take out money and dump on hive users, and pretend it works while it doesn't, at least it's very hard for me to find any positive effect of 8M$ spend in last 3 years on DHF.

Do we even know other case for broken stablecoin that needs centralized fake liquidity? hbd is blockchain joke, every one in crypto world who knows what's happening here is laughing...