As far as I understand, a lot of people are buying HBD with hive because it's profitable if you use the collateral conversion thingy
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As far as I understand, a lot of people are buying HBD with hive because it's profitable if you use the collateral conversion thingy
The idea is to get the HBD and sell it, especially on an external exchange.
You are being paid $1.27 for something that is going to be pushed down to $1.00 at some point. So why not sell it.
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