You are viewing a single comment's thread from:RE: LeoThread 2024-07-22 18:43View the full contextView the direct parentanderssinho (66)in LeoFinance • 4 months ago We have HBD, so we dont need another :)
Why?
Why would we need another? I dont see any usecase for more stablecoins?
Is there a crime If we have up to two stablecoins?
Two stable coins tied to the same blockchain will take away from each other... Unless they have two vastly different usecases, or different working mechanisms, and even then it'll be uneffecient.
Alright, that's brilliant.
Ofc not, but they would fill the same need and just eat from each other. Would just be a lose lose situation
Ok, so HBD is okay for us.
So HBD is okay for us
You have no volume on HBD. So why would you set up another and dilute what is already there.
So it can't be two having the same value.
They have to be utilized and supported. Without liquidity and trade volume, pegs can be lost. There is barely enough support for HBD at this moment.
Okay, it has to be supported and utilized to have liquidity and trade volume. I like the HBD liquidity.
Is there a possibility that HBD price can be at the same price with Hive?