One thing to keep in mind, if HBD starts going above $1 (which it will if we see these numbers you theorize) the stabilizer will sell the HBD for Hive and then lock that Hive up in the DHF.
This will likely result in a big positive impact on the Hive token.
How long is the $HIVE locked up in the DHF? Isnt it swapped to HBD at some point to pay out?
Or is it one of those we will get to that after we burn through all the HBD?
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It is converted but at a slow rate. I don't know the exact rate but I think the target was converting Steemit Inc stake over 5 years, a few wanted it slower so I am not sure what the final number was
Ah okay. That is where the 5 years number came from regarding the DAO. Now I understand. Of course, we added more to it, so that might extend it out some.
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