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RE: Hive Backed Dollar (HBD) Is Becoming A Stablecoin

in LeoFinance4 years ago

You have good points and I agree with you. I also think that we are on route to a stable coin backed by coding / arbitrage behaviour (which I would say is superior to some project that claims to have a vault full of dollars to back it). If HBD can stick to 0.98 - 1.02 like the rest of them, I would call it a win. If it proves to not do that, we may need to look at other options. Judging from the early results, we are not there, but getting a lot closer.

Thanks for diving deep on this one.


Posted via proofofbrain.io

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.98 - 1.02 like strictly that’s top and bottom I’d agree with ya. I just after seeing how it works don’t trust it will hear that way but I definitely hope it does👍