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RE: 🔥 Burning HIVE - Can we talk about the peg?

in #hive • 4 years ago

Right now it's more beneficial to send rewards to the HBD stabilizer than to outright burn it, because the DHF can keep using that to remove Hive in a way that's similar to compound interest.

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@demotruk I was reading something from @kyle that said that they are backing off the @hbdstabilizer program. Is that inaccurate?

I'm not aware of that. The stabilizer at the moment is still being funded as much as ever. Perhaps he's referring to after the hard fork.