What is not to love?
If it is below the peg it converts at the peg, if it is above the peg it converts at .95.
This is free money, if you play the game.
What is not to love?
If it is below the peg it converts at the peg, if it is above the peg it converts at .95.
This is free money, if you play the game.
Not 100% true ;D
If the Haircut comes into place and it would be for example 20% HBB/ Hive MC it would mean the converting would be cut by 50%.
Because the current level is 10%. Every HBD above that smaller the worth of the rest of HBD :D
In the worst case it starts a panic selling wave. I would start to buy at 0,3 to 0,4 :) I think risk/reward would be very good at this point :D
As long as the witnesses are profitable there is little danger of a default, imo.
If the haircut comes into effect, just hodl, it will go away at some point.
That's true :D