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RE: Could HBD Change DeFi On Hive?

in LeoFinance4 months ago

Its so complicated and I think it might be worth giving it a try. At worst it would just mean HBD can't be pegged if it blows up. Because there would be a huge amount of HBD being bought at a low price, I think it would be even harder to peg in the future. So there are both pros and cons towards the approach.

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I think they have the top side covered so we will not see the $1.50 or $2 HBD.

I am not sure we have a solution yet that prevents it from going to 80 cents. But one thing at a time. If that becomes a problem, then we can address it.

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I don't think there will that much of an issue if it goes to 80 cents. It would just mean its better to have fully liquid HIVE instead of HBD from rewards because you get 20% more rewards that way.

Posted Using LeoFinance Beta