HBD is awesome for that especially with the @hbdstabilizer mechanism. A good (but maybe slightly dated) HBD article and its mechanisms can be found here: https://peakd.com/hive-167922/@kevinnag58/how-do-hive-backed-dollars-hbd-work-including-the-hbd-stabilizer-the-hbd-debt-limit-and-the-haircut-rule
There is a lot of potential with it to provide an easy to use, dependable and fast exchange network. It will be exciting to see what occurs!
There are a lot of advantages to HBD and what can take place. We have a nice foundation in place that allows for rapid development. The savings program was a great step forward yet one that is only a piece in a larger puzzle.
We need to start sending this thing in every direction as well as creating other projects on top of it.
This is where the true value lies. It isnt only having an algorithmic stablecoin but what is tied to it.
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I have been making most of my decisions around HBD (and its potential) for most of my blockchain journey and yeah the savings program is an awesome evolution! Hopefully more is yet to come.
It is a very good addition to the ecosystem. People overlook how important a low-risk DeFi token.
We have a project that is at the core level.
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https://leofinance.io/@kevinnag58/how-do-hive-backed-dollars-hbd-work-including-the-hbd-stabilizer-the-hbd-debt-limit-and-the-haircut-rule
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