HBD Stabilizer - Renewal R3-2026

in #dhf11 days ago

Renewal of the HBD Stabilizer Proposal

To keep a vital part of Hive's financial infrastructure running smoothly, here is the renewal of the HBD Stabilizer proposal for the next two months. This initiative continues to support the price stability of Hive Backed Dollars (HBD), which plays a key role in the overall economic health of our blockchain.

About the HBD Stabilizer

The HBD Stabilizer is a critical tool for reducing price volatility and strengthening the Hive network's financial resilience. It has proven effective over time in maintaining stability, as detailed in @smooth's earlier updates.

All funds sent to the stabilizer are used exclusively for trading according to its charter, with any resulting HBD or profits returned to the Decentralized Hive Fund (DHF).

  • When HBD trades above the $1 target, the stabilizer sells HBD to bring the price down, often generating profit for the community.
  • If HBD exceeds $1.05, it also converts HIVE into HBD, removing HIVE from circulation while creating additional HBD that can potentially be sold for profit.

By helping to stabilize the HBD peg, it supports the long-term robustness of Hive's economy. For more details on its goals and track record, check out @smooth's posts: [1] [2] [3]

Community Call to Action

I encourage every Hive community member to vote in favor of this renewal to keep the stabilizer active.

Your votes are essential to sustaining this important service and protecting our blockchain's financial stability. This renewal maintains the same terms as before: same funding level from the DHF, directed to the same beneficiary (@hbdstabilizer).

Thank you for your continued support!

Support This Proposal:

Thank you!

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I won't support but would nice to have metrics that show what the fund does and how it acted over the past year.

Because we have on-chain incentives for converting HBD<->HIVE maybe we should let users organically try to profit for keeping the peg, a daily pay of 12k is scary right now because it can exercise debt

Agreed, frankly I’m sick of watching hive get crushed to keep this artificial peg of HBD and dollar, but regardless of my own reasons for not supporting this. It would be nice to have more data in proposal I agree.

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Yep, supporting this is still a no-brainer 😁

Thank you @alonicus

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!BBH

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Rock solid. No qualms 👌

👍

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Thanks for sharing this. I have curated your post using Ecency.

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What exactly is the price of HBD now in the crypto market, please !!!

It's around 99 cents as I write this. The typical fluctuation these days is around 98 to 100 cents with very occasional spikes over 100.

Okay, thank you. It's very worrisome that HBD has continued to be very low.

Very low? It's supposed to be $1, so it's close.

This proposal is rather incomplete. Before asking for more money, you really ought to show us what this fund has done and, more importantly, actually achieves.

You will find all the information you need in this post

Thanks for that!

Hi dear @arcange

Thank you so much for supporting me. I appreciate your support on my post.
Have a good day.

You're welcome @oyon266. Have a good day too.

We need a lot more HBD. It's crucial to sustain Hive's ecosystem. Supported.

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