Am I reading this wrong or is the HBD stabilization eating up roughly 97% of the DHF funds? If so, shouldn't we switch to two-way on-chain conversion with some reasonable price bandwith in between? Convert 1.1 HBD to $1 worth of HIVE or $1.1 worth of HIVE to 1.00 HBD.
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Is something like an unlimited fund being used to keep the hbd price stable? very curious about this
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It's limited and actually very small part of it funds HBD stabiliser.
Thank you very much for your answer.
At first I was very surprised that they were able to lower the price. How can I learn more about HBD?
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https://ecency.com/hive-167922/@taskmaster4450/hive-backed-dollar-hbd-becoming-a-stablecoin
You can start here and follow links from the text.
And here is another post on HBD
https://ecency.com/hive-167922/@taskmaster4450/the-impact-of-hive-backed-dollars-hbd
Oh ok thanks a lot. I will read these two posts. 😀
Good start. Stay curious, there is always more to learn about Hive:)
It's listed as 76,800 HBD/day. The number two higest aproved proposal is the SPK Network proposal at 390 HBD/day, followed by Ecency at 350/d, authentication service at 325/d and KeyChain at 300/d.
Thanks a lot for the reply. I really know very little about HBD.
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