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PSA: Getting Burned by HBD Payouts!

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Just wanted to let everyone know...

I just got paid out 3 HBD and 15.5 Hive for a post.
Half of my payout should be in HBD. This means the network thinks Hive is worth 19 cents a coin! ( 15.5 / 3 = 0.1935)

This is due to the fact that Hive operates using a three day average (or is it the full 7 days for posts?) from the price feed provided by the witnesses. This extreme volatility is skewing the numbers.

There's not really much you can do about it. Posts must choose whether they want HBD or Hive rewards up front, so by the time 7 days rolls around the average should be more accurate. In fact, the price might crash during that time and you'd get double burned during the period where more HBD is getting created than there should be. It all evens out in the end, no worries.


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PSA: Getting Burned by HBD Payouts! was published on and last updated on 25 Apr 2020.