Anyone could simply buy Hive off exchanges and instantly exchange it for HBD at a profit in this scenario at no risk
Isn't this the exact idea of these conversions - to stabilize the price? But it is not "at no risk". If the price recovers in the next 3.5 days you'll lose half of your Hive in the conversion
Thanks for the explanation, I had to do the math earlier. I still don't see how you'd get huge profit as the actual amounts are calculated at the end of the conversion. Perhaps I'll understand it better after playing around with it