You are viewing a single comment's thread from:

RE: My take on the increased HBD price and it's impact for proposals

in #dhf4 years ago (edited)

The liquidity is always low on the internal dex .... thats why the token is volitile ... if we have a lot of orders (millions) around the 1$ it will be much more stable ... but we need incetives for people to put their fokens on bids ... having some incetives will do a lot ... thats how all the defi liquidity works ... if we can manage to give out incetives for orders like example in the range of 0.95 to 1.05 that will be great ... the conversions will just help in this direction

Sort:  

The liquidity is always low on the internal dex .... thats why the token is volitile ...

the internal dex is not the only place where you trade HBD though, the 24h volume is 2.1m on upbit, and any arbitrage opportunity on the internal market is already automated so the dex cannot go up unless the whole market follows it, and then you need to move a lot of liquidity (tens of thousands) to make it move.