HBD Stabilizer - Renewal R3-2025

(78)in#dhf•

Renewal of the HBD Stabilizer Proposal

In order to maintain the operation of a crucial component of Hive's financial infrastructure, I am pleased to announce the renewal of the HBD Stabilizer proposal for the upcoming two months. This proposal ensures the continued support of the Hive Backed Dollars (HBD) price stability, a key aspect in promoting the overall economic health of our blockchain ecosystem.

The HBD Stabilizer

The HBD Stabilizer is instrumental in mitigating price volatility and reinforcing the financial strength of the Hive network. This tool has consistently proven effective in sustaining economic stability, as outlined in @smooth's previous posts.

The HBD Stabilizer is an important tool to maintain the Hive Backed Dollars (HBD) price stability. It serves as a significant mechanism in ensuring the stability of our blockchain's economy.

The entire budget sent to the stabilizer is used for trading in accordance with its charter before being returned to the DHF.

If HBD exceeds the target value, the stabilizer sells HBD to try to reduce the value, which also generates a profit for the stabilizer and the profit is returned to the DHF. If the value is more than $1.05, the stabilizer will also start to convert HIVE into HBD, which removes HIVE from circulation and also produces more HBD that can be sold potentially with a profit for the community.

By mitigating the HBD price volatility, it has contributed to the financial health and robustness of the Hive network. You can read the details provided in @smooth's post for more insights into the project's objectives and achievements ([1] [2] [3]).

Community Call to Action

The current proposal (#347) will soon reach its expiration. I urge every member of the Hive community to show their support by voting for the proposal's renewal.

Your support and participation are important for maintaining the financial stability of our blockchain. Every vote contributes to the effective operation of this service.

This renewal will carry the same terms as before, with the proposal running for the next two months and requesting the same funding amount from the Decentralized Hive Fund (DHF) directed to the designated beneficiary.

This proposal is planned to run for the next 2 months and will mirror the current terms, requesting the same amount of funding and directing the funds from the Decentralized Hive Fund (DHF) to the same beneficiary.

Let's collaborate to enhance the stability and prosperity of our Hive network.

Thank you for your support.

Support This Proposal:

Thank you!

in#dhfby

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@barnabo73 think this is interesting for you. Take a look.

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1 vote

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Supported 👍

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Thank you @josepimpo

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That great let keep supporting this guys

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Supported

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Thank you @ace108

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You have my support!

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Thank you @achim03

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Still a no-brainer 😁 Voted.

Keep up the good work !

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Thank you @alonicus

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Hey @arcange, here is a little bit of BEER from @pixresteemer for you. Enjoy it!

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^{View or trade BEER.}

Hey @arcange, here is a little bit of BEER from @pixresteemer for you. Enjoy it!

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Voted!

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Thank you @crazyphantombr

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You got it! Supported

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Thank you @darkflame

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1 vote

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Thank you! For all your good work.

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Voted

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Thank you @dwayne16

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Voted @arcange

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Thank you @elevator09

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Love the dedication and great work on the HBD project, i really appreciate the effort

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Thank you @fredaig

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Supported ✨😁

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Thank you @gargi

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I think this one deserves the support of each Hive user.

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Thanks for considering the advancement and development of Hive blockchain @arcange

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This is fantastic news! It's clear the HBD stabilizer plays a critical role in maintaining the stability we all value on Hive. Appreciate the clear communication on this renewal. Let's get this passed and continue to strengthen our ecosystem together. Every vote truly counts here.

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💯

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Supported!

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Thank you @luthis26

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