We are now at 8% Hive debt. It is becouse of the drop in price of Hive. The amount of HBD in circulation is more or less at the same level. The support level is also more or less at the same level around the 7 cents.
The debt limit is now at 30%, so no iminent danger here. At 20% HBD rewards will stop.
The long term debt from the recen post back in April looks like this:
@dalz/a-look-at-the-hive-debt-or-data-on-hivehbd-supply-historical-debt-hbd-performance-or-apr-2024
At the end of 2021 there was a short term spike in the debt level up to 10%.