RE: LOLZ's Daily Earn and Burn Contest - You Win When We Burn - 3/1/2024
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You're guess is as good as mine. I would infinitely prefer that the bloody bugs got fixed than having new features added. πππβ¨π€
!ALIVE
!BBH
!HOPE
!INDEED
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!HOPE that at least the #Ecency (dev) team collects and responds to bug reports and feature suggestions right here on the Hive blockchain, not on (centralized) third-party platforms !INDEED! π€π§ββοΈπ
!WEIRD
!PIZZA
That'd be great, and I'm sure that it happens sometimes at least. πππβ¨π€
!HOPE
!INDEED
!PIZZA
!WEIRD
I saw that the #Ecency (core) team has reduced their Hive Proposal funding request from 396 HBD per day to 300 HBD (approximately a 24% decrease) according to their post. π€π€ !HOPE that even with reduced funding, the Ecency team has at least one member whose task is to reply to as many (meaningful) comments on the official Ecency account as possible !INDEED! π€π
!WEIRD
!PIZZA
Yes, both Ecency and PeakD announced that they were reducing the amounts requested in their proposals. I think that would be useful, so indeed. πππβ¨π€
!HOPE
!INDEED
!PIZZA
!WEIRD
I think that while reducing the daily amount on Hive Proposal funding requests on projects is generally a good idea, it would be better if a Hive project owner just declares (on a "normal" official post) that they would be burning a good portion (such as half) every time they get HBD (which is once per hour if the support is above the funding threshold), where there will also be no need for a separate proposal. π€π§ββοΈπ€π€
!HOPE
!LOLZ
Yep, until there's a lot more demand for both HIVE and HBD, let 'em burn! π π π β¨ π€
!HOPE
!LOLZ
They can also convert the extra HBD to HIVE, then burn the resulting HIVE (after waiting for 3.5 days) to help control the HIVE token inflation. π€π§ββοΈπ₯ππ€
Well, since it would be equivalent amounts, using HBD to buy HIVE, and then burning the HIVE, would not deal with the orginal HBD. It's far better to convert the HBD to HIVE, thus destroying the HBD, and then burning the HIVE on top of that. πππβ¨π€
!ALIVE
!BBH
!HOPE
!INDEED
!WEIRD
I forgot about that. π€π€― The HBD from the buyer will just go to the seller !INDEED. π€―π€―
I just edited my previous comment to make it more accurate (or less inaccurate). π€π
!LOLZ
I figured, and you got it.
I see that, the only thing about that is that it now makes my reply a tad redundant. πππβ¨π€
!INDEED
!LOLZ
Generally, the best way to reduce or even reverse the further reduction in the price of the HIVE token is to buy more of it, though that seems unlikely (!HOPEfully not for long) !INDEED. π€π§ββοΈπΈπ€―π€
!WEIRD
!WINEX
More needs to be bought and staked than unstaked and sold, which is not presently the case. πππβ¨π€
!ALIVE
!BBH
!HOPE
!INDEED
!WEIRD