The amount of pHBD cannot exceed the amount of HBD.
Right now there are roughly 10 million HBD out on the market (outside the DHF).
So yes more has to be created in all different ways. Part of it will come from the 50/50 payouts which gets more HBD on the market. Another is the interest paid (p-HBD already has 280 in HBD to claim). The final is conversion.
There is now focus so hopefully more is being generated. Simply by HBD in savings creates more. So the LP is actually helping to produce more.
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Also payouts from DHF, including via HBD stabilizer. DHF has 16 million which can go into circulation reasonably quickly if conditions call for it.
This is very good to know.
The HBD Stabilizer was one of the best developments on Hive. It really changed the entire focus.
Hard to believe, roughly a year ago, HBD was floating around without any direction. Now, we are focusing upon a legitimate stablecoin.
The discussion of whether there is enough HBD or not never was thought of a year or so ago.
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I see, that makes sense in a way. In this case all of hive have to work on the project to create more HBD. It will take time but we will get there eventually.
With the renewed focus upon it, we can expand it quickly. I found that is the key with this community. Get them focused and things happen.
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