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RE: pHBD is 1:1 Backed with HBD On the Hive Blockchain | Mechanics Deep Dive

in LeoFinance • 3 years ago

I know that the yield is somewhat covered by the HBD savings in your wallet. What ratio does this have? I know that you need to keep at least a portion liquid for anyone looking to wrap pHBD into HBD so you can't substitute all the yield.

Also great job on the transparency.

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3 years ago in LeoFinance by
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     3 years ago  

    50% of the HBD held is in savings. The other half kept liquid.

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