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RE: RAGNAROK AMA IS LIVE!

in #ragnarok3 years ago (edited)

HBD is a stable coin. HIVE is not. We cannot give you 1 per Hive and 1 per HBD. The only way to achieve this would be to count the price of HIVE at the time of the snapshot, then say you get x in HBD vs. the price of HIVE. So if HIVE is 2$ and HBD is 1$, you would get 1 NFT per 2 HBD.

The HIVE price fluctuates on exchanges, and we can't use any exchange for the price as it can easily be manipulated. We understand that this would be ideal to drop to both HBD and HIVE, but we just do not see a good way to do it. It would be overly complicated. If someone has an easy solution, we are definitely open to hearing a practical way to go about this for future games.

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Thanks for considering it! Yes, a very simple solution would be to use the HBD to Hive conversion operation that the Hive blockchain itself has. The blockchain allows for converting HBD to Hive (also the other way around, but then there is a 5% fee). So you can use the decentralized blockchain to convert 1 HBD to Hive. The conversion operation takes 3.5 days, after which you get Hive. However much Hive you got, then this is how much Hive is equivalent to 1 HBD, as defined by the blockchain itself. The conversion operation could be started on Jan 6th, so on Jan 9th you will have the Hive and the answer of how much Hive 1 HBD is equivalent to. :)

EDIT* We have found there is no "simple" in blockchain. But we will look into this and see if it is a possibility. But we are proceeding with HIVE/HP only. Maybe for future game drops we can consider this method. Thank you.

Thank you! Yes, the major Hive frontends have already built an interface for the HBD to Hive conversion in their wallet sections. Here are the steps to do it on the PeakD.com frontend (which is the most popular Hive frontend currently):

  1. Go to your wallet on PeakD.com: https://peakd.com/@ragnarok.game/wallet
  2. Scroll down to "Hive Backed Dollars (HBD)"
  3. Click on the down arrow next to Send and select "Convert to Hive"
  4. A popup window will open - just enter 1 in "Convert Amount", then complete the operation (requires active key).

That's it! After 3.5 days, the blockchain will send you the equivalent amount of Hive for the 1 HBD you converted.

ridiculous to have to do all this, just tally the entire HIVE wallet and drop the tokens, plain and simple, stop with all the hoops

This is not for users to do but for apps that do the airdrop so they can calculate how much Hive an HBD is equivalent to.

 3 years ago  Reveal Comment

what do i need to be eligible for the snapshot?

 3 years ago  Reveal Comment