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RE: Hive Inflation for July 2024 | Running Hot for a Second Months in a Row!

in Hive Statistics4 months ago

What do you think about using DHF to buy and burn HIVE off the market as a temporary measure. It is very easy to move up the price of HIVE based on the current liquidity levels. If there was a script that buy and burn HIVE from market at random intervals, could this be a positive (at least for the short term). I'm merely exploring possibilities. I have not fully analyzed the potential side effects.

HIVE price going up will mean more HBD getting added to DHF. I have not done any calculations. There must be some levels where burning HIVE + any pumps caused by it leading to DHF gaining more HBD than it spend.

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Possible!! Worth considering

Thank you for your feedback!