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RE: DHF Proposal: Ethereum Price Support for Hive

in #dhf • 3 years ago

This is genius 😂

How long would it take to generate in yield the invested amount (conservative estimate, assuming everything is invested day 1)?

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Current defi yields are very high, 50-100% per year. If market conditions maintain that, a year or two will see 90k USD worth of HIVE burned.

Aka ~250K - 300K HIVE?

Maybe we should fund that account with 3K or 4K HBD per day...

Burn iiiiiit

Voted the proposal. Can't see too many downsides right now, especially since HBD is trading at more than 1$