You are viewing a single comment's thread from:

RE: HIVE Supply on Hive Engine Drops | Hive Engine Started Doing Short Term HIVE Lending

in #hive15 days ago

The slowdown is separate from the Hive lending.

The slowdown is caused by the account shaggroed deciding to maliciously inject 300,000 transactions in 35 minutes. This caused the chain to slow down. Witnesses are attempting to deal with it.

The Hive lending is completely separate. I own a substantial amount of Hive. I am lending Hive underneath the quantities that I personally own or have keys to. This Hive is used to farm rate funding on futures contracts. The lending is backed by my private Hive, my private collateral, swap.USDT collateral that you can see on the honey-swap account, and other Hive to which I have keys to.

I appreciate the concern. I've attempted to have some transparency around this. The two issues are mutually exclusive from each other as far as I know. To the best of my knowledge all funds are safe.

Sort:  

Thanks for the clarification! Wish you a soeedy recovery.