It's over two years since Hive was "created" and we still don't have a stable HBD. HBD not being stable and at risk of "pumping in the opposite" is what might hold some users from staking it.
You are viewing a single comment's thread from:
It's over two years since Hive was "created" and we still don't have a stable HBD. HBD not being stable and at risk of "pumping in the opposite" is what might hold some users from staking it.
that's true, but it has so far always come back to $1. The swings are largely the result of only currently 9 mil$ in HBD circulation
Which is really small compared to other stable coins out there.
Miniscule.
Posted Using LeoFinance Beta
So so minute... We just ave to give HBD some time
Give it time but actively build too. We cant just sit idle with it.
There is a lot of work to be done. Use cases are required.
Posted Using LeoFinance Beta
I thought it was closer to 7M actually floating around.
Either way, very small amount.
Posted Using LeoFinance Beta
I feel two years is too small compared to other stable coins.
We need to take measures to prevent this network from attacks.
I agree that HBD staking might not work with a volatility of what happened yesterday
It is two years but HBD only started to get some attention in the last year.
And hell, we didnt even have a liquidity pool to trade it up until a few months ago.
So we are inching forward with it.
As for the stability, the internal exchange tends to hold pretty strong. The price using Coingecko is meaningless since that is outside exchange which there is only one.
Posted Using LeoFinance Beta