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RE: HPUD - Hive Power Up Day October 2026
It was a big jump in Hive price over the month!
Happy HPUD and a nice we power up you did too!
The Hive Debt Ratio has dropped healthily, although it now seems to have stalled, hovering around the 20.5-21% range. That's frustrating ! Once it drops below 20%, some of the author rewards will start to be paid out in HBD again, which I think will be a big motivator.
I have not looked at the mechanics of this... But ever the cynic, has it been stalled / manipulated such that rewards won't be paid out in HBD?
0.00490362 BEE
Thank you !
I think we'd really need to dig deep into the system to understand if the HIVE supply has been manipulated to keep the debt ratio within the soft upper limit zone. But my instinct (with no deep study, just a gut feeling !) is that Hive is naturally resistant to changes in state of the debt ratio purely because the different states influence user behaviour.
While Hive is open to manipulation, most of it seems to revolve around people finding ways to get hold of revenue (DHF funding, AI posts and comments, etc) and then extract it. The scale of transactions needed to influence the debt ratio are big enough that it would be pretty obvious to the kind of Hivers who study the transactions on the blockchain. One of the benefits of being in a censorship resistant place is that there's bound to be someone who couldn't resist calling out the manipulation 😁