Voted! it is absolutely necessary to stabilize HBD to allow for a safer and more attractive stablecoin to users
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Voted! it is absolutely necessary to stabilize HBD to allow for a safer and more attractive stablecoin to users
It’s impossible long term. A algorithm will not hold it longterm. It’s not a real stable coin. It’s below .96 most of the time and used in our system alone fine but promoting it wide and far as a stablecoin that reps are a dollar and earns 20% interest that’s safe is a huge mistake that will hurt Hive reputation overall it pushed this way. It’s he algorithm keeps it somewhat close to a dollar is doing so by putting pressure on Hive token to do so. This won’t end well if the main focus is HBD over Hive. My humble opinion but also A chart of HBD speaks for itself. The 20% isn’t safe long term. This will be a huge mistake if this platform tries to make HBD it’s main goal..