I found out that every 1 HBD in a #Magi account adds 1 to the maximum Magi Resource Credits for that account (where Magi accounts that are also Hive accounts have a bonus of 5 max RC, and RC takes 5 days to fully recharge much like Hive RC). 🤔🤓
When I staked that 1 HBD however as sHBD, my max Magi RC got reduced by 1, showing that sHBD does not contribute to a Magi account's max RC. 🤯😆😅
Yes, the 5-RC bonus for Hive accounts is very helpful. That's what I figured, but it's good to get confirmation. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD
My sHBD on #Magi did not get increased by the 15% APR (which is 1.25% per 30 days) even if it has already been more than 30 days since I staked my HBD there, and I didn't see a "claim sHBD interest" anywhere on its official website either. 🤔💸🤯😅
!WEIRD
!HOPE
!INDEED
Hrmmm...that's curious. I'd say that you should mention it on their Discord server, but I know that you're not interested in using that. 😁🙏💚✨🤙
!HOPE
!INDEED
!WEIRD
Let's hope that the #Magi (formerly #VirtualSmartChain) team publishes posts (and comments) more actively here on Hive! 🤗
They're publishing new posts on @magi.network now. 😁🙏💚✨🤙
!ALIVE
!BBH
!HOPE
!INDEED
!WEIRD
I noticed that they were inactive for about 17 days, though they published a comment about 5 hours before your comment there !INDEED. 🤔🤯😅
Dont forget to join our discord and follow us on X. We generally post major announcements on Hive.
They only publish update posts periodically, since all their work is on the backend. 😁🙏💚✨🤙
!INDEED
That's usual !INDEED of a Hive dev, probably including borniet too. 🤔😅
!WEIRD
!HOPE
!PIZZA
I noticed though that when depositing HIVE or HBD to the corresponding #Magi account of a Hive account, the Magi RC does not get reduced. 🤔😎
Anyway, I edited my previous comment to add the word "maximum" or "max" before "RC", because there is a (huge) difference between "1 RC" and "1 max RC" !INDEED. 🤯😆🤓
!WEIRD
!HOPE
!PIZZA
The RC balance for Hive accounts on Magi never decreases below 5 RC, but it can of course rise with more liquid HBD.
OK, and true. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD
I assume that you forgot to add the word "max" before the term "RC balance" on your comment there. 🤔🤯🤓
Someone who would like to test more than 5 transactions in 5 days would !INDEED need to deposit more HBD to their own account on the #Magi network. 💸🤯😅
!WEIRD
!HOPE
!PIZZA
I didn't mention it because it was assumed.
Yep, indeed, true. 😁🙏💚✨🤙
!HOPE
!INDEED
!PIZZA
!WEIRD
Speaking of HBD, it seems !WEIRD that the price of the HBD token according to #CoinGecko is about $0.83, but the Hive internal market shows that it is close to $0.97. 💸🤯😅
!LOLZ
I wonder if the Hive project which aims to "stabilize" the price of the Hive Backed Dollar just needs more time !INDEED to keep the price of that algorithmic stabletoken close to $1.00. 🤯🤓
!WEIRD
!HOPE
!UNICOIN