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RE: Hive: Growth Versus Security

in LeoFinance3 years ago

You mentioned in another post (something that Dan encouraged as well), that small fees could be added to conversions and internal market with clear destination towards HP holders. If such fees were introduced, then I believe the fee for conversion from HIVE to HBD can be lowered in the first instance and possibly removed as the HBD supply and volumes increase. Maybe the conversion time for both ops could be lowered to 48h instead of 3.5 days. It is enough to protect against intra-day price manipulations. And with enough money thrown at the market, it doesn't matter as much if it's 48h or 3.5 days.