You are viewing a single comment's thread:
RE: Hive crashes to .048 now
Well, I take it back 😂 That is a compelling argument vs the DHF if it is in fact the DHF causing that downward pressure.
0E-8 BEE
You are viewing a single comment's thread:
Well, I take it back 😂 That is a compelling argument vs the DHF if it is in fact the DHF causing that downward pressure.
Yes. I have been watching these charts for a while now.. Hive has been dropping since they started the DHF Funded HBD stabilizer …. Back when they started the 20% APY on HBD savings ….
The Hive blockchain initiated the 20% Annual Percentage Yield (APY) for Hive Backed Dollars (HBD) stored in savings accounts in April 2022.
This rate was officially introduced following a witness update published by block producer (witness) @gtg, where the HBD interest rate was adjusted to incentivize holding the network's algorithmic stablecoin.
In April 2022, the cryptocurrency Hive (HIVE) traded generally in the range of $1.00 to $1.50 USD.