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RE: The One Thing In Crypto That Keeps Going Up! | The Stablecoins Market Cap

in LeoFinance3 years ago

Just for context the market cap of HBD at the moment is around 24 million, out of which 13M in the DHF. If we compare this to the billions for the top stablecoins, we can see the potential. UST works amazingly similar to HBD.

We need to be doing everything in our power to increase the liquidity of HBD in order to allow our stablecoin to go to the next level.

The untapped potential here is insane.

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This proposal
!PIZZA from @ecoinstant is one of the best ways you can help with increasing HBD liquidity at the moment. I would also like to see HIVE on THORchain as an added expansion. We don't have enough easy ways for investors to acquire more HIVE (at least compared to many of the competition).

You can put liquidity into the trading pairs on exchanges that trade HBD with a stablecoin base. Ionomy, does this. There are few CExes that do include HBD though.
Ionomy does this.

Have to increase the payouts on there to get more HBD out onto the market. The haircut rule is being increased. Of course, that is not relevant if the price of $HIVE goes on a run.

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You're welcome to put limit orders on the HBD/BUSD trading pair on Ionomy.