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#hbd

HBD stabilizer continuation September 2022

@smooth@smooth (74)1436d

This proposal is for 10000 HBD/hour of funding to the HBD stabilizer. The HBD stabilizer is described in several past posts in my blog. In summary, the funding is used to buy, sell, or convert HBD in order to stabilize the peg and generate a profit for DHF, with all proceeds returned to DHF.

The funding cap of 10000 per hour is more than enough for the likely available budget in upcoming months (currently around 7500 per hour of DHF funding is available after all other approved proposals are paid).

This proposal will allow the HBD stabilizer to continue its work, and to expand available budget for stabilization as the daily DHF budget continues to grow.

A recent estimate from @dalz was that the HBD stabilizer had generated a profit of well over $1 million $1.4 million, adding funding for the DHF, helping to stabilize HBD, and, on net, removing many millions of HIVE from circulation.

Proposal number is 233

Hivesigner link to approve Peakd proposal link Ecency proposal link

100% beneficiary to @hbdstabilizer

Comments · 24

  • @crazy-mermaid(42)· 797d

    Hey

  • @dbuzz(73)· 1200d

    Hi @smooth,

    Thank you for the work you have done for #Hive and the community.

    Our team is working as much and as fast as possible, and we have been building for #Hive since 2020.

    May I kindly request support for our Hive Proposal? #OpenSource everything.

    Thank you, and best wishes.

    ~ @chrisrice Founder of DBuzz

  • @kamkhya(11)· 1285d

    fully support . i am new in hive . thanks for sharing these my friend

  • @jesustiano(71)· 1291d

    No more post since september? ..

  • @dynamicrypto(73)· 1306d

    any plans to increase, I see people waiting on stabilizer to buy up orders at times, as we grow maybe necessary to strengthen the peg?

  • @brianphobos(72)· 1328d

    @smooth Is there a way to take HBD out of savings immediately for a fee? I thought someone said there was but I don't see the ability to do that with any of the interfaces Ecency, Peakd, or Hive.Blog ?

  • @tibroo(47)· 1330d

    I have successfully voted for proposal number 233.

  • @tgarcialvarez(56)· 1337d

    @smooth We have seen that you have previously supported proposals for the improvement of Hive.

    We would love to have your support in our proposal that seeks to add a new tool to the Hive environment that will help ensure that your content continues to prioritize quality and above all originality.

    You can vote here: Peakd Ecency

    We would appreciate your support, criticism, and collaboration. Thank you for considering this proposal.

  • @urun(69)· 1349d

    it is still a pain to get medium amounts of HBD via exchange without underbidding too much.

  • @katirayo(63)· 1383d

    Great very crucial information, I am definitely going to support the proposal.

  • @vanbliss(63)· 1397d

    Hi, @smooth, it is a little deflating to see that you downvoted my recent post by $16.00

    Would you mind providing me with an explanation so that I can try to avoid such occurances in the future please?

  • @cryptobrewmaster(71)· 1427d

    Dear, @smooth

    May we ask you to review and support our @cryptobrewmaster GameFi proposal on DHF? It can be found here

    If you havent tried playing CryptoBrewMaster you can give it a shot. Our @hivefest presentation available here on the YouTube with a pitchdeck of what we building in general

    Vote with Peakd.com, Ecency.com, Hivesigner

    Thank you!

  • @dlmmqb(75)· 1431d

    It's already 5 days old !LOLZ I felt FOMO to upvote :) Regards, your supporter even after understanding the NAH sayers! much !LUV

  • @reeta0119(78)· 1435d

    This is a good proposal and I supported

  • @papilloncharity(83)· 1435d

    Was in a rush when I voted the post because we are struggling with powercuts, but done now! Supported.

  • @alokkumar121(82)· 1435d

    I have supported this.

  • @tobetada(77)· 1436d

    so does that mean that one can buy about 240k HBD off of the internal market per day for a 1-2% premium?

  • @mireyalara(59)· 1436d

    Hello @smooth Every time I see information like this, I realize that I still have a lot to learn about the Blockchain in general and HIVE in particular. I hope soon understand well what all this means.

  • @hivebuzz(74)· 1436d

    Congratulations @smooth! Your post has been a top performer on the Hive blockchain and you have been rewarded with the following badge:

    Post with the highest payout of the day.

    You can view your badges on your board and compare yourself to others in the Ranking If you no longer want to receive notifications, reply to this comment with the word STOP

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  • @engrave(74)· 1436d

    Voted

  • @carl05(73)· 1436d

    I will

  • @alex-rourke(74)· 1436d

    Got my vote for proposal 233

  • @dalz(81)· 1436d

    This is the last one I did on the stabilizer ... four months old now, at the time the net profit was around 1.4M. With the recent pumps in the HBD price at the end of July and August, it is most likely higher now ... will revist the post soon.

    https://hive.blog/hive-167922/@dalz/data-on-hbdstabilizer-or-hbd-bought-sold-and-profitability

  • @readthisplease(77)· 1436d

    Tried approving the proposal through the link but it didn’t work