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RE: Debate: at which rate should the non-airdropped stake be converted to HBD ?

in Hive Improvement4 years ago

83 370 205 hive needs to be converted which equals to roughly 20 258 000 USD

It's not valid for the different prices of HIVE!
Imagine HIVE at $1, and we already have seen an all-time high 1$ in the non-bull market.

If we keep the HIVE as it is for longer time, the chance of converting it to more HBD increases. (assuming price in the moon)

So I would say it's not bad to look for +10 years.

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Well if we see a clear surge we could update the percentage, we can do that at every hard fork if we feel like it, or set it as a witness param.

I don't support the idea of putting something important in the witness params as it opens the window for a quick change. But I think we can change the percentage on the next hard forks.