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

in Hive Statistics3 months ago

Is most of the HBD->HIVE conversion volume from HBD stabilizer?

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Its diferent each month, in the last month there was a lot of conversions from regular users, dont know the exact numbers but roughly its more user based for the last month... in other months the stabilizer can dominate

Interesting. I wonder why users prefer conversion instead of transacting on the internal market.

Usualy conversiobs are used for bigger volumes... for example blocktrades did one for 300k HBD

so that one conversion accounts for approximately 1.5M Hive, or around 25% of the monthly inflation.