Here is the chart!
2024 is almost neutral. Or slightly negative with -200k HBD removed. Although we put in circulation more than 6M, the year ended with less supply then it started. The stabilizer removed most of it and then the conversions. 2021 remains the year with ATH in HBD supply with close to 10M HBD added in that year.
Longer post coming soon.
Hbd is added when it is bought on the market?
I’m confused. How exactly is hbd added to the supply?
HBD is added or removed on the internal market from the stabilizer who is reciving funds from the DHF.
When the stabilizer is selling HBD on the internal market in case of high HBD prices it is adding to the supply, and when it is buying HBD on the internal market in case of low prices it is removing HBD from the supply.
Note that HBD is basicly shifted from the DHF to the freely available supply.
More info here https://www.hbdstats.com/
Also longer post coming today :)
Stabilizer keeps doing an awesome job.