RE: LeoThread 2026-02-03 01-17

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Debt above 20%, gradual Haircut in action :D

leofinance
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🎉 Thank you for holding LSTR tokens!

Your post has been automatically voted with 5.1% weight.

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Could you please elaborate?

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(Edited)

Means that from now on, HIVE - HBD conversion on the posts rewards will reduce linearly if the debt keeps increasing up to 30%, where HBD printing will be halted (everywhere).

Correction, printing of HBD is halted because the stop percentage is still set to 20% since 2021.

I still need to check this comment of mine:

After 30% debt, the only way to get HBD is to convert it from HIVE (with 30%/debt% ratio) or by trading

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Well I dont think it will hit the upper ceiling of 30% unless HIVE plunges below 3 cents. I dont think Hive will go that low. But who knows............

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(Edited)

It's dependent on other markets unfortunately... but I don't think if markets stabelize it will too... but if it reaches there... those that have HBD, will feel like a king!

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yeah.....lately stablecoins have given a feeling of real king as compared to other coins

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Note I have changed my comment above... after doing some research and checking the active values on chain.

The HBD from posts is now halted and should all be liquid HIVE.

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