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The HIVE Supply Is Going Down | A Breakdown Of The HIVE Historical Supply by dalz

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hive-167922 · @dalz · (edited)
$257.30
The HIVE Supply Is Going Down | A Breakdown Of The HIVE Historical Supply
The supply of a coin is quite an important thing. Also, its inflation. A very common question about a project is what it is supply? 

As many things around here the HIVE supply is a bit special, and doesn’t have a simple answer 😊.
Let’s take a look!


![01.png](https://images.hive.blog/DQmUzkX6oTi6ryP3QedXV1PZjrnnTnX4DuHx42qwMc83UbG/01.png)



If you take a look at the other coins, let’s say Bitcoin, the supply and the inflation over time is pretty simple. There are a certain amount of tokens circulation, inflation level set, and the supply keeps increasing over time. Usually in time the inflation drops. 

However, as many things on Hive this is not that simple.

**The reason?**

The main reason would be the dual token economy with HIVE and HBD, and the conversions between this two. HIVE has its stablecoin, that in a sense its maybe before the time, since we are now seeing a lot of stablecoin popping out and the defi movement is partially evolving around them. 

HIVE Created:
-	Author rewards, HP and HIVE
-	Curation rewards HP
-	Witness rewards HP
-	Staking rewards HP
-	HBD to HIVE Conversions

HIVE Removed:
-	HIVE to HBD conversions
-	HIVE ninja mine conversions in the DHF
-	Instant HIVE to HBD conversions from HIVE transfers to DHF
-	HIVE transfers to null
-	New accounts creation fee

*Note: I want to emphasis that the data bellow is kind of revers engineering the supply. I have taken the current numbers for the supply and extracted all the way back. It is most likely not a 100% accurate, but it shows the overall picture pretty close. Also, I have not taken into account the new accounts creation fee.*

Let’s dig into this!

# HIVE Authors rewards

Here is the chart for the all-time HIVE authors rewards.


 
![image001.png](https://images.hive.blog/DQmT7mKUzy6msJHERxCy7Kig4qC1LteToQXndweiBgekGTp/image001.png)

Authors receive rewards on Hive in three currencies. Hive Power, HBD or liquid HIVE. The chart above represents the authors rewards in Hive Power and HIVE. HBD rewards are not included. The HBD supply will be analyzed separately. 

Almost **45M** Hive Power and HIVE rewarded to authors since inceptions. The period for the previous version of Hive is also included.  If HBD rewards are included this number will be almost double. But users don’t convert HBD to HIVE instantly when they get the rewards, so this math is a bit of. 

We can notice a flattening in the authors rewards towards the end of the chart, mainly because of the switch from 75/25 to 50/50 split in authors/curators share. 

# Curation rewards
The chart for the curation rewards looks like this.

 
![image003.png](https://images.hive.blog/DQmNjjbswpbSpKuenDaePCPoW5VEyGL63bp2hcGHwDY3CSz/image003.png)



Luckily curation rewards are earned only in one currency, Hive Power, so things are a bit simpler here. I have kept the axis scale for the chart on a same level as for the authors rewards for better comparison. A total of **33.5M** issued to curators. 

# Witness rewards

Currently 10% of the inflation goes to witness.

 

![image005.png](https://images.hive.blog/DQmVEEZkysgBZeWCGzr66gx6dtZNtopq6G1ZmVZAVgb97Jv/image005.png)

The witnesses have received a total of **19.3M** HIVE.

# Staking rewards
Hive Power holders receive staking rewards for holding HP. Their HP is increased each day by a very tiny amount. The current APY for HP staking rewards is around 3.4%.

 

![image007.png](https://images.hive.blog/DQmXFjTVz6TmsU2jRv3o3ZUrv7tRyaBsR2YKG98s3F8NY9P/image007.png)

A total of **20M**  to staking rewards and HP holders. The staking rewards are around 10k HIVE per day. Now the interesting thing is that they are generated from the HIVE per VEST ration and not with a hard transaction so to speak. 

# HIVE from HBD Conversions

HIVE can be generated by HBD conversions as well. When HBD is put in conversion its being destroyed in a period of 3 days and the average price is taken from that period when HIVE is printed.

 

![image009.png](https://images.hive.blog/DQmaFgeW3DDScxycvrcn46GgF3L11gu18krQyuncy9GZE3r/image009.png)

A lot of HIVE has been generated trough conversions. Authors that receive their rewards in HBD are converting a lot of it. Especially in the last period. 

A total of **72.8M** HIVE has been put in circulation from HBD conversions. If we compare this with the total author rewards of 45M, we can see that more HIVE has been generated in this way. This is mostly because of the previous cycle, bull and bear, when HBD was added and then converted at low price for a lot of HIVE.

The low price of HIVE is basically generating more inflation trough HBD conversion.  

# HIVE Virtual Supply From HBD
If we want to get the whole picture for the supply we need to include the HBD as well. To do this we need to convert the HBD to HIVE and added as virtual supply.

Here is the chart. 

 
![image015.png](https://images.hive.blog/DQmNMcrgCb1dsyjAWwieRB4eUdMy5y1AuarDk8JMaM6Svgy/image015.png)


The virtual supply of HIVE from HBD is fluctuating a lot. This is mostly because of the HIVE price. When the HIVE price is low, the virtual supply increases and the opposite. The top for the virtual supply is somewhere between 30M to 40M HIVE.


# HIVE Removed From Circulation
HIVE is being removed in all the ways that was mentioned above, but mostly from conversions.

 ![image013.png](https://images.hive.blog/DQmUfzHZS4kTanzXg4RjYjYjm2Lkhy4Yt42VcS7m9K99Dqh/image013.png)


We can see the huge spike in HIVE removed from circulation in the last month or two. 
There is now a total of **48M** that has been removed from circulation. Most of it is because of the HIVE to HBD conversions in the last months. 



# Historical HIVE Supply

If we combine all the supply generated from the rewards and the conversions above, we get this. 

 
![image017.png](https://images.hive.blog/DQmUryRfECwRSsS9vZAVoPdNU28URsrYVQaqejjMaXaXnxP/image017.png)

As mentioned at the begging the chart is generated from the current supply and then extracting the rewards back to the starting supply. 

We can notice that the HIVE supply has grown quite a lot in the last years. When accounted for the conversions the inflation rate was closing to 15% per year, not the 8% to 9% as designed. This resulted in doubling the HIVE supply in less than five years, reaching the peak in January 2021 with more than 420M virtual HIVE supply, from the starting around 210M.

Since the option for reverse conversions HIVE to HBD, the HIVE supply has dropped a lot, but also the virtual supply that accounts for the HBD as well. 

**In 2021 HIVE is deflationary!** 

This goes for the both parameters, HIVE and the virtual HIVE supply. At the start of the 2021 the HIVE supply was around 380M, and the virtual supply at 420M. Now the HIVE supply is at 356M, and the virtual HIVE supply at 394M. The HIVE supply has dropped for almost 10%, while the virtual supply for around 6%. 


At the end one clean chart for the HIVE supply 😊.


![image019.png](https://images.hive.blog/DQmPkXzG7mcB2t9LNuKv2U4nc1HwqQ7qvstvEQS9EJcbTAP/image019.png)



All the best
@dalz

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@dalz/the-hive-supply-is-going-down-or-a-breakdown-of-the-hive-historical-supply)
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vote details (650)
@akumagai · 
This took a lot of work.

Thank you for your community service.
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@artgirl · 
What? So does this mean I should convert all my HIVE now before it's too late? πŸ€”
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@engrave · (edited)
$0.06
It means you should hold (or power up) your HIVE tokens because lower supply means basically higher price
πŸ‘  
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vote details (1)
@artgirl · 
Hmmm... Higher $ price or where is it higher?
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@taskmaster4450le · 
In theory at least.  Markets have a funny way of doing things though.

Long term, **Hive** is in a great position.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-engrave-6qy3py)
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@irivers · 
The conversion system helps maintain the HBD peg at $1.00 . 

You should convert HBD to HIVE when the price of HBD is below $0.95 and you should convert HIVE to HBD when the prices of HBD is above $1.10; otherwise it is better to trade the currency on the marketplace.

The HBD to HIVE conversion reduces the HBD in circulation and the HIVE-HBD conversion increase it.
πŸ‘  
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vote details (1)
@ausbitbank ·
$1.98
> Also, I have not taken into account the new accounts creation fee.

I was curious about this so I ran some queries on hivesql that I thought were worth sharing

`SELECT SUM(fee)
FROM DBHive.dbo.TxAccountCreates;`
= **3,536,485.257** Hive burned in account creation fee's, ever

`SELECT SUM(fee), YEAR([timestamp])
FROM DBHive.dbo.TxAccountCreates
GROUP BY YEAR([timestamp])
ORDER BY YEAR([timestamp])`

**1,272,710.700** in *2016*
**1,027,099.667** in *2017*
  **239,798.890** in *2018*
   **16,803.000** in *2019*
    **8,856.000** in *2020*
  **971,250.000** in *2021*

95%+ of those account creations are thanks to splinterlands via @steemmonsters
πŸ‘  , , , , , ,
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vote details (7)
@dalz · 
Great one!
Not that small. I was not sure where exactly these fees are stored. Thanks for the info, and will include them in the next repetition.
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@beerlover · 
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @dalz, here is a little bit of <code>BEER</code> from @pouchon for you. Enjoy it!</p> <p>Learn how to <a href='https://peakd.com/beer/@beerlover/what-is-proof-of-stake-with-beer'>earn <b>FREE BEER</b> each day </a> by staking your <code>BEER</code>.</p> </center><div></div>
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@borislavzlatanov · 
Wow, this is a really important finding, that the inflation rate has been 15%. And the chain had little or no understanding of this super important thing.
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@costanza · 
Great article as always! 

Seeing the actual supply growth over the years is nearly not as scary as one would think just looking at all the daily payouts from posts that are being created.
πŸ‘  
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vote details (1)
@dalz · 
Thanks!
Yep not that much is created actually. Although in theory Hive gas rewarded around 100M to its users.
πŸ‘  
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@drfantastic ·
I love these types of posts, thank you
I love these types of posts, thank you!

 Posted using dapplr
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@eil7304 · 
Really informative...I was wondering though, can anyone tell me how many Hive Power (HP) can be gotten from powering up 1 Hive?
properties (22)
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@dalz · 
1 :)
πŸ‘  
properties (23)
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vote details (1)
@eil7304 · 
Really?! So lets say I have 200HP, if I power it down, I would have 200 Hive? Correct me if I'm wrong pls
properties (22)
authoreil7304
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@hivebuzz · 
Congratulations @dalz! Your post has been a top performer on the Hive blockchain and you have been rewarded with the following badge:

<table><tr><td><img src="https://images.hive.blog/60x60/http://hivebuzz.me/badges/toppayoutday.png"></td><td>Post with the highest payout of the day.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@dalz) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hivebuzz/@hivebuzz/pum-202109-12"><img src="https://images.hive.blog/64x128/https://i.imgur.com/3c8nyGG.png"></a></td><td><a href="/hivebuzz/@hivebuzz/pum-202109-12">Hive Power Up Month - Feedback from Day 12</a></td></tr></table>
πŸ‘  
properties (23)
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vote details (1)
@indiaunited ·
Indiaunited Curation 1631530511957
This post has been manually curated by @steemflow from Indiaunited community. Join us on our [Discord Server](https://discord.gg/bGmS2tE). 

Do you know that you can earn a passive income by delegating to @indiaunited. We share 80 % of the curation rewards with the delegators. 

Here are some handy links for delegations: [100HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=186601.6002752073%20VESTS), [250HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=466504.0006880182%20VESTS), [500HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=933008.0013760364%20VESTS), [1000HP](https://hivesigner.com/sign/delegateVestingShares?delegator=&delegatee=indiaunited&vesting_shares=1866016.0027520729%20VESTS). 

Read our latest [announcement post](https://hive.blog/hive-186042/@indiaunited/indiaunited-2-0-active-again-with-a-lot-more-energy-this-time) to get more information. 

[![image.png](https://files.peakd.com/file/peakd-hive/bala41288/46eaz12N-image.png)](https://discord.gg/bGmS2tE) 

<sub>**Please contribute to the community by upvoting this comment and posts made by @indiaunited.**</sub>
properties (22)
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@jerrythefarmer · 
Damn... On top of the upside that comes with Hive it is also deflationary...

Hard to get your head around the tokenomics though. Still don't understand them completely tbh but I'll keep trying.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jerrythefarmer/re-dalz-7v1f1q)
properties (22)
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@dalz · 
Finally deflationary.
πŸ‘  
properties (23)
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vote details (1)
@mlrequena78 · 
In the last few weeks I have realized that the value of HIVE is getting closer to the value of HBD and has remained that way for a long period of time, I don't know if it is by chance because of what you are describing in the publication.
properties (22)
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@myfreebtc ·
$0.23
Nice to see someone shine a light on hive tokenomics. I'm not well versed in the inner workings of Hive but the burning mechanisms seem to be very limited... Other than users deliberately burning hive with their posts, post promotion, and printing debt (HBD) there's nothing else right?
πŸ‘  ,
properties (23)
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vote details (2)
@noble-noah · 
What a good analysis! This resource is commendable
properties (22)
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@poshtoken · (edited)
https://twitter.com/EoinCarroll50/status/1437384373041606660
https://twitter.com/forexbrokr/status/1437567408206614529
<sub> The rewards earned on this comment will go directly to the person sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.</sub>
πŸ‘  
properties (23)
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vote details (1)
@pouchon ·
$0.53
Quite a few great info about Hive in here.
So Hive is deflationary, what about HBD?
I see there are more than $28 million worth
in the system.
Great time for HBD to remain within the dollar range.
We need DEFI in the true sense of the term
these days.
Any ideas?
Great info like always.

!BEER

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@pouchon/re-dalz-5ixrfd)
πŸ‘  , , ,
properties (23)
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vote details (4)
@dalz ·
$0.04
The HBD supply is included in the virtual supply, where it is converted to HIVE. The total supply, including the virtual supply is deflationary as well.
πŸ‘  
properties (23)
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vote details (1)
@ackza · (edited)
30 years of inflation of hiv e through 2045 from @banjo bot by @inertia 
(did the numbers change from steem to hive? No right? Reward pool is the same just divided up differently now right? for rewards curation proposals staking? 
![image.png](https://images.hive.blog/DQmNbbCJbTScduMHEcnooM7oC8ghCYKnPtAsUoP2ZaaLANv/image.png)

>| Year |   Supply    | Inflation | New Supply |
|------|-------------|-----------|------------|
| 2016 | 250,000,000 |     9.50% | 23,750,000 |
| 2017 | 273,750,000 |     9.08% | 24,854,398 |
| 2018 | 298,604,398 |     8.66% | 25,854,554 |
| 2019 | 324,458,952 |     8.24% | 26,727,942 |
| 2020 | 351,186,894 |     7.82% | 27,452,027 |
| 2021 | 378,638,921 |     7.40% | 28,004,740 |
| 2022 | 406,643,661 |     6.98% | 28,364,989 |
| 2023 | 435,008,650 |     6.55% | 28,513,181 |
| 2024 | 463,521,832 |     6.13% | 28,431,762 |
| 2025 | 491,953,593 |     5.71% | 28,105,742 |
| 2026 | 520,059,335 |     5.29% | 27,523,204 |
| 2027 | 547,582,539 |     4.87% | 26,675,768 |
| 2028 | 574,258,308 |     4.45% | 25,558,997 |
| 2029 | 599,817,304 |     4.03% | 24,172,733 |
| 2030 | 623,990,038 |     3.61% | 22,521,348 |
| 2031 | 646,511,386 |     3.19% | 20,613,886 |
| 2032 | 667,125,272 |     2.77% | 18,464,106 |
| 2033 | 685,589,378 |     2.35% | 16,090,399 |
| 2034 | 701,679,777 |     1.93% | 13,515,587 |
| 2035 | 715,195,364 |     1.51% | 10,766,608 |
| 2036 | 725,961,973 |     1.08% | 7,874,074 |
| 2037 | 733,836,047 |     0.95% | 6,971,442 |
| 2038 | 740,807,489 |     0.95% | 7,037,671 |
| 2039 | 747,845,160 |     0.95% | 7,104,529 |
| 2040 | 754,949,689 |     0.95% | 7,172,022 |
| 2041 | 762,121,711 |     0.95% | 7,240,156 |
| 2042 | 769,361,868 |     0.95% | 7,308,938 |
| 2043 | 776,670,805 |     0.95% | 7,378,373 |
| 2044 | 784,049,178 |     0.95% | 7,448,467 |
| 2045 | 791,497,645 |     0.95% | 7,519,228 |

jut imagine people, no COMPANIES buying hivepower, very specific social media marketing companies at first, and they buy HivePower JUST to secure a big chunk of that 28M to 22M new hive a year from 2021 to 2030 ... over 260M Hive over 10 years , over $200 Million dollars over the next decade, and it could be worth $200 Billion if Hive goes from $1 to $1000, and why not?
properties (22)
authorackza
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@leprechaun · 
We cannot do automated contracts via the chain itself but you can certainly have automated programs running *interacting with* the chain.
properties (22)
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@preparedwombat · 
What’s up with the missing data from the end of 2017? Was it from some disastrous HF on the old chain?
πŸ‘  
properties (23)
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vote details (1)
@dalz · 
Not sure, that whats in the hivesql. Might be due to some hardfork, and tempary stop of payouts .... i was not around at the time :)
πŸ‘  
properties (23)
authordalz
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vote details (1)
@denmarkguy ·
$0.23
Doesn't that coincide with that massively botched HF where the blockchain was inaccessible for several days and (as I recall) was mired down in replays? There was also an occasion on which the rewards pool was *reset(?)* somehow and rewards all but dropped to zero while the pool was coming up. I remember having $30 posts one day, and then suddenly having *10c* posts...
πŸ‘  
properties (23)
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vote details (1)
@preparedwombat · (edited)
$0.02
That vaguely rings a bell. I was a clueless noob back then.

Now a clueless veteran.
πŸ‘  , ,
properties (23)
authorpreparedwombat
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vote details (3)
@tarazkp · 
Not sure if it was a HF, as they are split. There was the RC HF that stopped people posting, but I think that was the end of 2018, wasn't it - I am getting too old to remember! :D
properties (22)
authortarazkp
permlinkqzevz2
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@tarazkp ·
$0.15
Hey mate, 

What is the current inflation rate of the rewards pool and what effect is it going to have going forward. From memory, I think next year, the rewards pool (under normal circumstances without ridiculous HBD) should start to shrink as well - as the inflation rate continues moving toward the 1% mark due in about 14 years.
πŸ‘  ,
properties (23)
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vote details (2)
@dalz · (edited)
The formula for calculating HIVE inflation:

Hive inflation = (978 - (head_block_number / 250000)) / 100 = (978 – (45,550,382/250000))/100
Hive inflation = 7.96%

This is from my post almost a year ago. So its under 8%. Change the curent block and you will get the right number now. I'm afk :)
properties (22)
authordalz
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@tarazkp · 
Cheers :)

Will be interesting to see a few years from now when the pool is 30% smaller
properties (22)
authortarazkp
permlinkqzf2td
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@taskmaster4450le ·
$0.15
Terrific work @dalz.  Thanks for delving into this and explaining it for all to understand.

>When accounted for the conversions the inflation rate was closing to 15% per year, not the 8% to 9% as designed.

This is not a problem since growth can offset it.  @splinterlands really did a great job bringing in new users although they are not, for the most part, getting involved in the other aspects of the ecosystem.

Over time, the need for RCs will also alter these numbers.  But it is great to see how we have the ability to keep adjusting things up or day by having two tokens tied to the chain.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-dalz-2zksau)
πŸ‘  , , ,
properties (23)
authortaskmaster4450le
permlinkre-dalz-2zksau
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vote details (4)
@beerlover · 
<div class='pull-right'>https://files.peakd.com/file/peakd-hive/beerlover/yiuU6bdf-beerlover20gives20BEER.gif<p><sup><a href='https://hive-engine.com/?p=market&t=BEER'>View or trade </a> <code>BEER</code>.</sup></p></div><center><br> <p>Hey @taskmaster4450le, here is a little bit of <code>BEER</code> from @pouchon for you. Enjoy it!</p> <p>Did you know that <a href='https://dcity.io/city'></b>you can use <b>BEER</b> at dCity game</a> to **buy dCity NFT cards** to rule the world.</p> </center><div></div>
properties (22)
authorbeerlover
permlinkre-taskmaster4450le-re-dalz-2zksau-20210914t231329840z
categoryhive-167922
json_metadata{"app":"beerlover/2.0"}
created2021-09-14 23:13:30
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@dalz ·
$0.32
Yes, that has already been confirmed, growth can eat inflation for dinner :)
πŸ‘  ,
properties (23)
authordalz
permlinkqzdmdw
categoryhive-167922
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created2021-09-13 14:17:57
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author_curate_reward""
vote details (2)
@pouchon · 
In order to get resource credit, Hive power is needed
so in the long run a lot of Hive will have to move out of the system to help in that case.
The price will go up consistently.

!BEER

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@pouchon/re-taskmaster4450le-55fpev)
properties (22)
authorpouchon
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@tawadak24 · 
Thank your for this information.
πŸ‘  
properties (23)
authortawadak24
permlinkre-dalz-2021914t81957309z
categoryhive-167922
json_metadata{"tags":["hive-167922","hive","supply","stats","data","pob","ctp","neoxian","leofinance"],"app":"ecency/3.0.19-vision","format":"markdown+html"}
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vote details (1)
@themarkymark ·
$0.49
> HIVE is being removed in all the ways that was mentioned above, but mostly from conversions.

![image.png](https://images.hive.blog/DQmW9aEcWEXg7P3kmdDVUPy1NfnKVHX3BVugAZVt5zxBrKJ/image.png)

While this may look to be the case, in reality it isn't as clear.  There is over 28M HBD printed right now (outside of the HDF), this acts as a debt to the Hive blockchain as a promoise of $1 worth of Hive in the future.

At the current price, that is nearly 38M Hive that can be printed at any point.

Something to keep in mind when looking at the numbers.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@themarkymark/re-dalz-5vndx7)
πŸ‘  , , , ,
πŸ‘Ž  
properties (23)
authorthemarkymark
permlinkre-dalz-5vndx7
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json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@themarkymark/re-dalz-5vndx7","image":["https://images.hive.blog/DQmW9aEcWEXg7P3kmdDVUPy1NfnKVHX3BVugAZVt5zxBrKJ/image.png"]}
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vote details (6)
@amirl · 
What does it mean out of the HDF?
πŸ‘Ž  
properties (23)
authoramirl
permlinkqzf0a9
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2021-09-14 08:15:48
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vote details (1)
@dalz ·
$0.66
Yes a lot of HBD is created in the process. This is why I put the VIRTUAL SUPPLY that included the HBD converted to HIVE at prices at the moment. The virtual supply is down as well. This will stay that way as long as the HIVE price holds. If the prices drop then up we go :)
πŸ‘  
properties (23)
authordalz
permlinkqzf2ga
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json_metadata{"app":"hiveblog/0.1"}
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vote details (1)
@themarkymark · 
Ignore HBD in the Hive Decentralized Fund (Proposals).

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@themarkymark/re-themarkymark-2rpb7j)
πŸ‘Ž  
properties (23)
authorthemarkymark
permlinkre-themarkymark-2rpb7j
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vote details (1)
@tobetada · 
Fantastic post!

@tipu curate
πŸ‘  
properties (23)
authortobetada
permlinkre-dalz-qzdoeh
categoryhive-167922
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vote details (1)
@tipu · 
<a href="https://tipu.online/hive_curator?tobetada" target="_blank">Upvoted  &#128076;</a> (Mana: 63/83) <a href="https://peakd.com/hive/@reward.app/reward-app-quick-guide-updated" target="_blank">Liquid rewards</a>.
properties (22)
authortipu
permlinkre-re-dalz-qzdoeh-20210913t150127z
categoryhive-167922
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created2021-09-13 15:01:33
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@urun · 
Really interesting to see how HBD will work out in the next time.
properties (22)
authorurun
permlinkre-dalz-qzdqz4
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