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RE: The potential of Hive Backed Dollars (HBD)

in LeoFinance • 3 years ago

It looks like we got a long way to go before we can even hit the 10 billion HBD because we would have to wait for HIVE to pump even harder and people to actually want to hold HBD. As of right now there is the 10% from savings and maybe a bit more in the HBD/BUSD diesel pool.

On a side note, do you know a way to get HBD into SWAP.HBD? The only way I see right now is to convert HBD into HIVE then move it into HIVE Engine and swap it back to SWAP.HBD. I want to see if I can put some of my HBD into that diesel pool for the BXT while the distribution is still high.

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3 years ago in LeoFinance by
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     3 years ago  

    You can deposit HBD directly into hive engine, just hit the dropdown and it's right under Hive.

    hbddepositscreenshot.png

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     3 years ago  

    Thanks. I just used it earlier today and it worked out.

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     3 years ago  

    do you know a way to get HBD into SWAP.HBD?

    Thanks to theb0red1 who has already helped you out :)

    How to swap HBD to SWAP.HBD

    If you want to swap Hive Backed Dollars (HBD) to SWAP.HBD, then you have two options.

    1. Go to Hive-Engine, hit deposit and choose HBD from the drop down.
    2. Go to Tribaldex, hit deposit and choose HBD from the drop down.

    Both these Hive-Engine interfaces are run by the same team and can do it for you.

    Unfortunately, the Leo DEX and HivePay SWAP interfaces can't do it.

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