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RE: 11th update of 2021 on BlockTrades work on Hive software

in HiveDevs4 years ago

Is it possible for witnesses to temporarily increase the rate of conversion of Hive to HBD in the DHF? So we can get a higher daily budget for the stabilizer. Otherwise we may have to wait for months if the bull cycle continues for a while and HBD keeps getting pumped.

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Hive sent to the DHF is instantly converted, so when the stabilizer sends Hive to the DHF, this becomes HBD immediately. Unfortunately, due to specification change to the proposal system, only 1% of this HBD is immediately available to fund proposals.

Also, the initial Hive supplied to the DHF was hardcoded to be slowly converted to HBD, and the witnesses don't have control over this rate.

Despite all that, the amount of HBD available to fund the stabilizer proposals is increasing at a reasonably fast rate.