RE: Use Hive's Internal Exchange To Get HBD by taskmaster4450le

hive-167922 · @taskmaster4450le · Apr 18 '22

$0.03

What is the thinking with the 5% premium for creating HBD?

I presume it is a security feature to deter manipulation especially since the HBD can be then converted to HIVE and be a threat to governance.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-smooth-38osyv)

👍 rubymooney

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`permlink`	re-smooth-38osyv
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properties (23)vote details (1)

I think deter manipulation but I suspect also just a desire to generate a profit for the blockchain in the event of large pumps (which it has done in the past). It mostly wasn't my idea, so I can't say 100%. I think the idea of a spread is good but I would apply some of the fee in both directions and probably also reduce it.

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rubymooney	0 B		29,162,171,366	100%

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voter	weight	wgt%	rshares	pct	time
acidyo	0 B		417,463,011,908	4%

voter

weight

wgt%

rshares

pct

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acidyo

0 B

417,463,011,908