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RE: Hive: Hundreds Of Millions Of Dollars In Development Funding And How It Works

in LeoFinance4 years ago

The HIVE is converted to HBD slowly over time, like water dripping. This is to prevent the inflation rate from going through the roof and the market being flooded with tokens. All proposals on the DAO are paid out in HBD, thus providing a consistent stream of funding. This is coded in meaning it requires a fork to change it.

Do you know what the rate at which the Hive is converted to HBD or where I can find it?