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RE: Hive Inflation for July 2024 | Running Hot for a Second Months in a Row!

in Hive Statistics • 3 months ago

We had a lengthy conversions about this on discord, touching on multiple points and issues, and just for transparency and if someone whants to read or add something I will list a few thing here:

  • hbd is debt, do we have enought growth to support the debt?
  • interest adds debt, around 1.6M yearly
  • DHF adds debt, 3M yearly
  • virtual HIVE supply as inflation basis, that includes HBD in the DHF adds more inflation when the prices drop
  • regular HIVE supply as inflation base will reduce inflation
3 months ago in Hive Statistics by
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         3 months ago 

        For clarification:

        We will look to prioritize removing the virtual (DHF) supply from the inflation basis of hive which should not be in place unless we see two higher lows on the rails and the 20MA above the 50 MA (hive price going up, not down)

        Discuss reducing the size of the DHF to protect hive from an inflationary spiral

        We will also look to lower HBD APR drastically

        We will look into reducing / eliminating non essential spending from the DHF.

        Let’s see how this goes

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