As HIVE fluctuates and changes, goes through its HBD conversion/destruction cycle and also generally responds to a wider market - we are approaching one of our very first Price Points, the presale price of $1.10.
Depending on when you glance you might even see $1.06 already!!
Now I could be pedantic and say that it was 1.1 HBD and we have already made it to presale, what with HBD's current mechanism working (very well by the way, HIVE has been quite sticky in price because of this).
But let's just say we are almost to $1.10 on our way to $1.24.
And a lot depends on the HIVE price, of course - and our link to that HIVE price is the HSBIDAO token - which we have managed to absorb 189k of into the pool! (becoming the 23rd deepest pool on hive-engine!)
HSBIDAO pays great dividends, as clocked by @tribalfairy its doing better than HP for small accounts as it can leverage the community voting across thousands of accounts, as well as manage a wallet of HIVE and HBD the way it should be managed, in responsible and diligent ways - at a scale that makes sense to do so.
I think the program is poised to grow from ~800k HP to millions, how many millions who knows (depends on how long HIVE stays inexpensive), but HSBIDAO is a great step into the future for the growing community whale.
A very exciting milestone has passed for them, with now over 1 million voting units:
Currently we are approaching 16 HIVE per ECOBANK token. I don't know how low HIVE can go for how long, but at some point it could be prudent for ECOBANK holders to swap into HSBIDAO - perhaps marry a position into the LP. HSBIDAO directly pays dividends which are easy to sell - the only downside is the downside in the HIVE price in stable dollars.
I don't know what the peak ratio will be, its easy to imagine we could go to 30 hive or more - but that depends on some assumptions, let's see - if HIVE goes back to 10 cents, we are already at $1.55.
We anticipate this to drag on for much longer, but that won't mean there can't be jumps and spikes - this is crypto after all!
I'm watching the pool grow :)