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RE: Hive Backed Dollar (HBD): Taking Things To The Next Level

in LeoFinance • 3 years ago

To be an effective stablecoin, a peg needs to be maintained.

That's for sure and since you mentioned that users are mostly interested in staking it rather than spending, you should know I would be a happy spender, but how?

I never understood the meaning of HBD until reading this post. Hope to one day see HBD pegged. It's a "stable coin" of a different breed. Unregulated one, a matter of fact, as you pointed out, it can't even be regulated.

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3 years ago in LeoFinance by
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     3 years ago  

    It's a "stable coin" of a different breed. Unregulated one, a matter of fact, as you pointed out, it can't even be regulated.

    This is an important point. We just need to keep the narrative going. We could see a really incredible piece of the Hive ecosystem making a lot of noise.

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