HBD is overvalued at the moment (above $1), so the hive fund is selling HBD for hive, then converting the hive back to HBD at the $1 dollar rate.
This helps stabilize HBD price in the long term and burns some hive.
HBD is overvalued at the moment (above $1), so the hive fund is selling HBD for hive, then converting the hive back to HBD at the $1 dollar rate.
This helps stabilize HBD price in the long term and burns some hive.
OK ...... so also with small trades