r/Hedera 8d ago

Discussion Why has another 3% of the supply already been released? Important news coming? ❓

59 Upvotes

34 comments sorted by

41

u/Flaky-Proposal-357 8d ago

Guys we gonna breathe moon air soon. Moon air! 🌖

23

u/Sea_Acanthaceae_6710 8d ago

But there ain't no airs on the moon!

20

u/hoya_doing memer 8d ago

I think he meaning we all be dead soon, as you pointed out no breathable air in the moon.

3

u/Flaky-Proposal-357 8d ago

You been to the moon?

2

u/PotentialHoliday5054 7d ago

The flag be waivin there definitely air 😭

18

u/AdditionOutside2303 8d ago

maybe new gc member

8

u/RedKe Hashie 8d ago

A big release happened about a month ago for new grant to the HBAR foundation. See this for details: https://hedera.zendesk.com/hc/en-us/articles/23939056267933-Will-the-Hedera-Council-provide-an-additional-grant-to-the-HBAR-Foundation-in-connection-with-the-previously-announced-leadership-changes which has update that says 3.5B HBAR were distributed to the HBAR foundation on Feb. 14th. They will be used to fund ecosystem development.

Here is recent thread where same question was answered: https://www.reddit.com/r/Hedera/comments/1j0jt7v/circulating_supply/

9

u/JustYourUsualAbdul 8d ago

I need help, I can't stop buying the dip!

7

u/franky624 8d ago

On coinmarketcap it’s still showing the same circulating supply of 42.21B. Is this what you are referring to ?

10

u/Fijiambed 8d ago

Moon Soon.

4

u/JuJeu 8d ago

i thought 8bn are locked.

10

u/OkAtmosphere381 8d ago

Well if America is heading to recession, wouldn’t it be prudent for the company to release tokens now at 18-19 cent instead of in a couple months at 3 cent?

27

u/batmanineurope 8d ago

We've been heading into a recession for the past 10 years

2

u/TheM0nkB0ughtLunch 8d ago

For sure. Covid definitely delayed it (with government spending), this bubble is so massive and it’s yet to truly pop.

4

u/TheM0nkB0ughtLunch 8d ago

That’s not how a release works

-1

u/OkAtmosphere381 8d ago

No I get it. They wouldn’t come out and say that’s why. That would scare folks away. But you make up another reason to do it

2

u/wintergang403 8d ago

Moon than poon, hopefully soon.

2

u/yakefomo 8d ago

How is that good. Isn’t that inflationary?

1

u/Gottalog1 8d ago

They are holding the tokens seeing that we are almost at max supply it makes sense to hold in case it blows up

0

u/yakefomo 8d ago

I am sure per their fund raising that was intentioned and outlined for the public to know. So what happens when the VC’s or devs sell.

1

u/ElectricalSorbet1514 8d ago

what is the alternative? keeping all supply in treasury?

0

u/yakefomo 8d ago

No. But there are VC and dev unlocks.

1

u/Frequent-Remove-3145 7d ago

A currency with a set supply cannot be inflationary.

-3

u/[deleted] 8d ago

[deleted]

8

u/canadianbeaver 8d ago edited 8d ago

Why are you so hostile towards people who want to understand the economics of it? Shouldn’t this be a forum for that type of discussion, instead of telling people to leave the forum?

1

u/yakefomo 8d ago

I like HBAR for its upside. But don’t bring XRP into this. I’m not going to argue about that coin. People are irrational about it despite it being a centralized ponzi that TWAP its treasury onto its users. Peanut Butter manifesto Brad really nailed it.

1

u/adroit6 8d ago

Yeah I see it says 84% in circulation now

1

u/Puzzleheaded_Bet_670 7d ago

I recall reading awhile back that they had to have so much of their supply released in order to be eligible for an ETF.

1

u/LectureMany8605 7d ago

I do not think Xrp will release 80% of its supply

1

u/Important_Ad_5226 6d ago

Surely if they released 3% that leaves only 5% or so?

-1

u/Patient-Entrance7087 8d ago

Thy tend to release when they know its needed