HBD stabilizer continuation September 2022

This proposal is for 10000 HBD/hour of funding to the HBD stabilizer. The HBD stabilizer is described in several past posts in my blog. In summary, the funding is used to buy, sell, or convert HBD in order to stabilize the peg and generate a profit for DHF, with all proceeds returned to DHF.

The funding cap of 10000 per hour is more than enough for the likely available budget in upcoming months (currently around 7500 per hour of DHF funding is available after all other approved proposals are paid).

This proposal will allow the HBD stabilizer to continue its work, and to expand available budget for stabilization as the daily DHF budget continues to grow.

A recent estimate from Hive account@dalz was that the HBD stabilizer had generated a profit of well over $1 million $1.4 million, adding funding for the DHF, helping to stabilize HBD, and, on net, removing many millions of HIVE from circulation.

Proposal number is 233

Hivesigner link to approve
Peakd proposal link
Ecency proposal link

100% beneficiary to Hive account@hbdstabilizer