Wait but there can be one step added.
- Invest Hive in pool
- Hive convert to HDB
- Pool buys Hive from Market if price over 1$
- Return of that goes back to investors
Would be stabilizing HBD also on heavy short-term swings.
That's the idea. Sorry, sometimes i write it in a weird way :D
Because would-be ridicules high, if HBD is for example 1,5$, many people would start to fund it. Its like a defi farm :) Returns become lower as more funds added and bring HBD to a super stable niveau.
Yeah that would probably work.
Next time I try to tell something I will use numbers first :) I think its easier to understand with a step to step and less wall of text in bad English :D
Your English is "interesting" but not really bad. But it is okay, that goes with the territory of a global community, and not all good ideas come from native English speakers by any means.
hehe, thanks :P
There is one issue that it is hard for a fully autonomous blockchain agent to actually know when it is selling HBD for more than $1 (since it can't trade directly against centralized dollars and it can't get a true real time price feed). So in a fast moving market when the price feed is inaccurate, it would be selling for under $1 by mistake and losing money instead of making money. Of course investors could accept that risk when funding, and it probably wouldn't happen all that often.
can we use the in-house exchange price for that? Or something like:
Never sell under Conversion rate HDB into Hive with the 3,5 days average?
For example Hive is 0,50$.
2 Hive 1HDB conversion and this is the stop level. So Hive would be never bought from the market under these levels.
Only if we become 2.05 Hive as a minimum for example.
We can't really use the in-house exchange price. It is priced against HIVE so we need to know the HIVE price to know if we are selling HBD for more or less than 1 USD. We sort of know the HIVE price but not really in real time.