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RE: LeoThread 2026-02-03 01-17

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(67)inLeoFinance

Debt above 20%, gradual Haircut in action :D

·inLeoFinance·by
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  • lstr.voter profile picture(55)

    🎉 Thank you for holding LSTR tokens!

    Your post has been automatically voted with 5.1% weight.

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    • milaan profile picture(70)

      Could you please elaborate?

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      • forkyishere profile picture(67)

        Means that from now on, HIVE - HBD conversion on the posts rewards will reduce linearly if the debt keeps increasing up to 30%, where HBD printing will be halted (everywhere).

        Correction, printing of HBD is halted because the stop percentage is still set to 20% since 2021.

        I still need to check this comment of mine:

        After 30% debt, the only way to get HBD is to convert it from HIVE (with 30%/debt% ratio) or by trading

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        • milaan profile picture(70)

          Well I dont think it will hit the upper ceiling of 30% unless HIVE plunges below 3 cents. I dont think Hive will go that low. But who knows............

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          • forkyishere profile picture(67)

            Note I have changed my comment above... after doing some research and checking the active values on chain.

            The HBD from posts is now halted and should all be liquid HIVE.

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            • forkyishere profile picture(67)

              It's dependent on other markets unfortunately... but I don't think if markets stabelize it will too... but if it reaches there... those that have HBD, will feel like a king!

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              • milaan profile picture(70)

                yeah.....lately stablecoins have given a feeling of real king as compared to other coins

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          • forkyishere profile picture(67)

            You can check debt ratio here... https://hbdstats.com

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            • milaan profile picture(70)

              Ok, thanks

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