RE: UST: Incompetence, Greed, or Both?
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We can't just give more money to the stabilizer?. It's meant to help with liquidity, right?.
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You are viewing a single comment's thread:
We can't just give more money to the stabilizer?. It's meant to help with liquidity, right?.
Not a great solution because then the stabilizer would be selling the bottom to support the peg and buying the top. We need to figure out ways to create an inverse relationship where the value/demand of HBD goes up as the value of Hive does down, without dumping Hive at the bottom to do it.
What if that collateral is done with BTC. I mean Hive could have a kind of a DAO with different crypto as a way to balance HBD, without dumping Hive.
No because the stabilizer is getting paid all the DAO distributes each day less what is paid to other projects that were voted in. So it gets the max it can.
It does a good job with the peg on the internal exchange. However, need more than just one place trading it.
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