RE: Could HBD Change DeFi On Hive?
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Honest question, wouldn't it me more worth to have HBD pegged at $1 USD like most stable coins and not trying to get it to $1 worth of HIVE?
I feel like use cases for $1 USD peg are far greater and better known and understood.
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Well HBD is not going to be backed by a dollar and will not be redeemed for dollars. It is paid in Hive.
So a peg to a dollar via Hive is still I think near the same.
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I'm really not understanding the benefits of that for some reason. It seems overly complicated with no real benefits? What makes pegging it that way more beneficial than $1 USD?