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HBD stabilizer continuation September 2022 by smooth

View this thread on: hive.blogpeakd.comecency.com
· @smooth · (edited)
$140.35
HBD stabilizer continuation September 2022
This proposal is for 10000 HBD/hour of funding to the HBD stabilizer. The HBD stabilizer is described in several past posts in my blog. In summary, the funding is used to buy, sell, or convert HBD in order to stabilize the peg and generate a profit for DHF, with all proceeds returned to DHF.

The funding cap of 10000 per hour is more than enough for the likely available budget in upcoming months (currently around 7500 per hour of DHF funding is available after all other approved proposals are paid).

This proposal will allow the HBD stabilizer to continue its work, and to expand available budget for stabilization as the daily DHF budget continues to grow. 

A recent estimate from @dalz was that the HBD stabilizer had generated a profit of well over ~~$1 million~~ $1.4 million, adding funding for the DHF, helping to stabilize HBD, and, on net, removing many millions of HIVE from circulation.

Proposal number is 233

[Hivesigner link to approve](https://hivesigner.com/sign/update-proposal-votes?proposal_ids=%5B233%5D&approve=true)
[Peakd proposal link](https://peakd.com/me/proposals/233)
[Ecency proposal link](https://ecency.com/proposals/233)

_100% beneficiary to @hbdstabilizer_
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 413 others
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vote details (481)
@alex-rourke ·
$0.86
Got my vote for proposal 233
👍  
👎  
properties (23)
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vote details (2)
@alokkumar121 ·
$1.08
I have supported this.
👍  
👎  
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vote details (2)
@brianphobos ·
@smooth Is there a way to take HBD out of savings immediately for a fee?  I thought someone said there was but I don't see the ability to do that with any of the interfaces Ecency, Peakd, or Hive.Blog  ?
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@smooth ·
No.
properties (22)
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@brianphobos ·
Ok, thanks
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@carl05 ·
I will
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@cryptobrewmaster ·
Dear, @smooth

May we ask you to review and support our @cryptobrewmaster GameFi proposal on DHF? It can be [found here](https://peakd.com/me/proposals/235)

If you havent tried playing [CryptoBrewMaster](https://cryptobrewmaster.io) you can give it a shot. Our @hivefest presentation [available here on the YouTube](https://youtu.be/DZ9MpQQoPu4?t=19996) with a [pitchdeck](https://docs.google.com/presentation/d/1x8eEoQIbNCTS5zQ6yfJ1SarLZz_BXinDVPOPebp4_-M/edit?usp=sharing) of what we building in general 

Vote with [Peakd.com](https://peakd.com/me/proposals/235), [Ecency.com](https://ecency.com/proposals/235), [Hivesigner](https://hivesigner.com/sign/update_proposal_votes?proposal_ids=%5B%22235%22%5D&approve=true)

Thank you!
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@dalz · (edited)
$2.30
This is the last one I did on the stabilizer ... four months old now, at the time the net profit was around **1.4M**.
With the recent pumps in the HBD price at the end of July and August, it is most likely higher now ... will revist the post soon.


https://hive.blog/hive-167922/@dalz/data-on-hbdstabilizer-or-hbd-bought-sold-and-profitability
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vote details (7)
@acidyo ·
That's even better!
👎  , ,
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vote details (3)
@smooth ·
Will edit, thank you.
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@dbuzz ·
Hi @smooth,

Thank you for the work you have done for #Hive and the community.

Our team is working as much and as fast as possible, and we have been building for #Hive since 2020.

May I kindly request support for our Hive Proposal? #OpenSource everything.

- https://peakd.com/me/proposals/263

Thank you, and best wishes.

~ @chrisrice
Founder of [DBuzz](https://d.buzz)
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@dlmmqb ·
It's already 5 days old !LOLZ
I felt FOMO to upvote :)
Regards, your supporter even after understanding the NAH sayers! much !LUV 
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@lolzbot ·
<div class='pull-right'><center><img src="https://lolztoken.com/lolz.png"><br><a href="https://lolztoken.com">lolztoken.com</a></p><br><br><br><br></center></div><p><center><strong>A priest was arrested at a church<br>He was convicted for mass murder.</strong><br><sub>Credit: <a href="https://peakd.com/@reddit">reddit</a></sub><br>@smooth, I sent you an <a href="https://lolztoken.com">$LOLZ</a> on behalf of @dlmmqb<br><br>Delegate Hive Tokens to Farm $LOLZ and earn 110% Rewards.  <a href='https://peakd.com/@lolztoken/introducing-lolz-defi-now-you'>Learn more.</a><br>(1/2)</center></p>
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@luvshares ·
@dlmmqb<sub>(1/1)</sub> gave you LUV. <a href="https://peakd.com/@luvshares/about" style="text-decoration:none"><img src="https://files.peakd.com/file/peakd-hive/crrdlx/AKU7oyCXxGwYyudB42kJ7JtoZ63bdeHvm4icoT9xdGNxA4i4BwudGyPvTQrEwPd.gif"></a> <a
    href="https://crrdlx.websavvy.work/" style="text-decoration:none">tools</a> | <a href="https://tribaldex.com/wallet">wallet</a>  | <a 
    href="https://discord.gg/K5GvNhcPqR" style="text-decoration:none">discord</a> | <a href="https://peakd.com/c/hive-159259">community | <a href="https://ichthys.netlify.app" style="text-decoration:none"><>< daily</a>
<br><center><a href="https://peakd.com/nftforpeace/@hivebuzz/nft-for-peace" target="_blank"><img src="https://files.peakd.com/file/peakd-hive/luvshares/242henrWsje7ivLwY3jxy15af3LJqvUzEmrEKAViGAowE1XsPqkDUuQ6QnwYpVJUWKN7c.gif"></a><br><a href="https://peakd.com/nftforpeace/@hivebuzz/nft-for-peace" target="_blank">HiveBuzz.me NFT for Peace</a></center>
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@dynamicrypto ·
any plans to increase, I see people waiting on stabilizer to buy up orders at times, as we grow maybe necessary to strengthen the peg? 
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@smooth · (edited)
It is maxed out given available funding from DHF, which does tend to grow over time. You can provide additional support by voting on the daily comments from hbdfunder (supports hbdstabilizer AND increases funds available to DHF). Link: https://hive.blog/@hbd.funder/comments
properties (22)
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@dynamicrypto ·
$73.84
vp under 10% will swing by it sometime here and there thanks
👍  , ,
👎  
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vote details (4)
@engrave ·
Voted
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@hivebuzz ·
Congratulations @smooth! 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/@smooth) 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:**
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@jesustiano ·
No more post since september? .. 
properties (22)
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@smooth · (edited)
$0.03
The latest HBD stabilizer continuation is still going. Everything is working fine. @dalz sometimes posts statistics.
👍  , , , , ,
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vote details (6)
@jesustiano ·
$1.03
Oh, gonna check on dalz then, thank you :) 
👍  
👎  
properties (23)
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vote details (2)
@kamkhya ·
fully support .  i  am new in hive . thanks for sharing these my friend 
properties (22)
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@katirayo ·
Great very crucial information, I am definitely going to support the proposal.
properties (22)
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@mireyalara ·
Hello @smooth 
Every time I see information like this, I realize that I still have a lot to learn about the Blockchain in general and HIVE in particular.
 I hope soon understand well what all this means.
properties (22)
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@papilloncharity ·
Was in a rush when I voted the post because we are struggling with powercuts, but done now!
Supported.
properties (22)
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@readthisplease ·
Tried approving the proposal through the link but it didn’t work 
properties (22)
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@smooth ·
Try again, the proposal number wasn't in there at first.
properties (22)
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@readthisplease ·
$0.85
Approved now
👍  
properties (23)
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vote details (1)
@reeta0119 ·
This is a good proposal and I supported
properties (22)
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@tgarcialvarez ·
@smooth We have seen that you have previously supported proposals for the improvement of Hive.

We would love to have your support in our proposal that seeks to add a new tool to the Hive environment that will help ensure that your content continues to prioritize quality and above all originality.

You can vote here:
[Peakd](https://peakd.com/me/proposals/252)
[Ecency](https://ecency.com/proposals/252)

We would appreciate your support, criticism, and collaboration. Thank you for considering this proposal.
properties (22)
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@tibroo ·
I have successfully voted for proposal number 233.
properties (22)
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@tobetada ·
so does that mean that one can buy about 240k HBD off of the internal market per day for a 1-2% premium?
properties (22)
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@dalz ·
$0.06
In theory yes ... although not as sure for the premium, might get higher .... also the dhf doesnt have the funds for 240k, needs 24M for that, atm its around 18M, so it pays a max of 180k ... and growing
👍  
properties (23)
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vote details (1)
@tobetada ·
okay thanks for letting me know! that's still not too bad I guess
properties (22)
authortobetada
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@smooth · (edited)
$0.12
It depends on market conditions but when there isn't a pump going on, yes, you can often buy most or all of the stabilizer budget at a low premium. You would have to make the purchase gradually since the stabilizer receives its budget hourly and sell, converts, or returns the HBD when received.
👍  
properties (23)
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vote details (1)
@dalz ·
Have you thought of adding a bigger premium for larger volumes?
This might go in the both directions. 

I'm saying this because one can keep buying HBD on the DEX and convert that to HIVE without putting a market pressure on the HIVE price. To transfer this buying pressure on the market, the stabilizer will need to increase the premium, triggering HIVE to HBD conversions. 

Buying larger amounts of HIVE through the DEX and the stabilizer will take a longer time, but it is possible.
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@urun ·
$0.67
it is still a pain to get medium amounts of HBD via exchange without underbidding too much. 
👍  
👎  
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vote details (2)
@smooth ·
I agree. Needs to develop into a bigger market to improve much beyond the status quo I think. Market cap is only 9 million USD.
👍  
👎  ,
properties (23)
authorsmooth
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vote details (3)
@urun ·
yeah, I think HBD stabilizer should clear and maybe be more regular if the price is lower. It still often has no funds to take action. Maybe a Buffer for around 20k HBD to clear.

A pool would be better, but so it would be less painful to get some $ into HBD :D

properties (22)
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@vanbliss ·
Hi, @smooth, it is a little deflating to see that you downvoted my recent post by $16.00

Would you mind providing me with an explanation so that I can try to avoid such occurances in the future please? 
properties (22)
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@misshugo ·
@smooth I have the same issue... Some people really put is a shit ton of effort for huge posts. So why do we get down voted if we didn't do anything wrong... But there are people who miss use the platform by posting 1 picture and making 100000's. How is this by any means fair? 

Please consider down voting people who deserves it. 
properties (22)
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@smooth ·
I am expressing my disagreement on the magnitude of the rewards (though I have no disagreement with there being some reward). This is not the result of anything you did, rather I disagree with the degree to which others upvoted it.
properties (22)
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@vanbliss ·
Ok, so let's assume that it wasn't just to be a meanie. 😄

What is the benefit of downvoting a post?

What qualifies a post to be downvoted in your opinion? 

And how do you decide the percentage that you are going to downvote? 
properties (22)
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