RE: HBD Interest Rates Are Now 20% | We're Building a $5M Liquidity Pair for HBD-USDC
(Edited)
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Nice! You moved very quickly with pHBD and the pHBD-USDC pool. Hopefully enough liquidity will be added to make it a huge benefit to both HBD and PolyCub.
Will they come at the same time as Bonding?
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The latest excitement regarding HBD problem put a bit more of a pump in Khal's step regarding this. It is not time to add another level which solves one of the main issues.
Hopefully the $5 million in liquidity is in there quickly. It could take a while to get to that point.
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I tend to agree this will be a rather slow process, growing the LP. Very hard to come by liquid HBD (or HIVE, to convert).
HIVE is much easier to acquire right now than HBD. There is only about 6 million of it on the open market since roughly 3 million is in savings.
Not sure how many are looking to sell. Someone is going to have to start converting some HIVE to HBD.
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Pretty crazy to think about what could happen to the HIVE / HBD prices wen this thing moons in liquidity
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If what happened elsewhere is any indication, then we know what will happen.
It is simply a matter of getting things rolling. We are starting to see the steps revealing themselves.
The move to 20% was a big step forward. Now getting a LP open is the next. Then filling it is the third.
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Bonding and pHBD should be delivered on similar timelines. The development on both is actually complete. Right now we're testing them. Testing has become an incredibly important process for us
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They're being worked on simultaneously by two developers so I believe they'll be delivered right alongside eachother.
Right now it's a race to see who will be ready with final testing on each. I am hopeful that bonding and pHBD will be ready this week.
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