RE: LOLZ's Daily Earn and Burn Contest - You Win When We Burn - 3/1/2024
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That'd be great, and I'm sure that it happens sometimes at least. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD
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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. 🤔🤓 !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! 🤗😅
!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. 😁🙏💚✨🤙
!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. 🤔🧘♂️🤗🤓
!HOPE
!LOLZ
Yep, until there's a lot more demand for both HIVE and HBD, let 'em burn! 😁 🙏 💚 ✨ 🤙
!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. 🤔🧘♂️🔥😎🤓
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. 😁🙏💚✨🤙
!ALIVE
!BBH
!HOPE
!INDEED
!WEIRD
I forgot about that. 🤔🤯 The HBD from the buyer will just go to the seller !INDEED. 🤯🤯
I just edited my previous comment to make it more accurate (or less inaccurate). 🤓😏
!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. 😁🙏💚✨🤙
!INDEED
!LOLZ