Let's say we have a massive HIVE/HBD AMM pool with 100M Hive in it and 100M HBD. For simplicity, this means the ratio implies that 1 Hive = 1 HBD = $1. However, if Hive suddenly spikes on a centralized exchange to say $2... what does that imply? The ratio on Hive is still 1 to 1... does that mean that HBD is worth $2 now? It must, right? Again, Hive layer-1 doesn't even know the value of HBD, and simply assumes it is worth $1. However, if you could trade your HBD into Hive and then the Hive into $2... we can safely imply that HBD is actually worth $2 in that case.
And to think you can do this over and over again, it's pretty easy, it was sad I realised this after a fuckin year, but well, it was at a good time, I made more hive to handle my shits than many ever made from curation or author rewards, it's crazy tho, especially for the fact that you don't need so much to start with, just 100 hive is enough, I mean the liquidity can't actually carry too much, but with 100, you can print 100 back if it had a really sharp pump and you saw it ...
I suggested Hive implements a "Power Cooldown" That would allow users to unlock their first powerdown instantly at the click of a button (with the disadvantage that powered up Hive would not give any upvote benefits for an entire week to counterbalance this feature).
I feel this is overlooked, it would actually impact the economy around here, something up for experiment,I don't get why we should actually be too strict on the lock period, I mean don't we trust ourselves not to crash the markets?(of course I know we don't) This should mean the whales are scared of themselves because what impact can a little account do...