Hi,
Thanks for bringing this matter to the community and here are few points I'd like to stress out.
Firstly, I don't think the LBI price at current levels is particularly a bad thing, because I know it's worth more than I pay for it.
Secondly, do you know any services that pay for delegation? Apart from @leo.voter? Do @ocd-witness, @steemauto, @curangel still do it?
What's third, I'm totally against splitting the fund. I would be more willing to pick a side (Hiveward of course), but with the possibility of keeping some Leo in case it would appreciate in value.
So what's left? Buy backs. I would vote for buybacks at price set below 90% of holdings share. But I would vote against liquidating HBD for this cause - it would bring more value when staked than when used for short-term token price growth (abd if funds are needed, HBD has far bigger demand than SURGE).
I would also suggest you announce a minimum 2 month date of a buyback to let current and new investors to obtain more LBI and close number of orders below 90% current assets' market value. I'm sure when the word gets out, people will react accordingly.
Edit
I've got much of our current HP delegated to Eccency (pays 100% of curation) and Curangel (pays 90% maybe ???)
Between the two we earn around 4 HIVE per day roughly.
It's bad if you wanted to sell. (or more importantly had some kind of financial issue where you needed to sell urgently) My goal it to get LBI to a point where people can sell it for fair value, and not have to take a loss if they need to exit for any reason. I hate the idea of people feeling trapped in an investment as they can't sell if need be.
Once the price has been restored, I'm thinking to keep some funds in a buy order at 95% of asset value, and instead of burning, list them back in a sell order at 105%. We'd become a market maker for the token, keeping the range on the order book tight and possibly making some profits in the process.
Thanks as always for the feedback.
Does ecency pay in ecency points or in Hive?
The reason I'm asking is to not sell Hive (from power down), but to power it up again and delegate. The Hive price is far from ideal.
That's actually a good idea and in addition, creating a sell order does not mean you can't burn the tokens.