I believe HBD is a great choice but we definitely need better liquidity on HBD before the masses can pick it as an option. I know the HBD stablizer is good to at least set prices on exchanges and ecoinstant has also has a proposal for HBD/BUSD diesel pool funding. The other day, edicted was talking about how you could saw CUB out in the thousands of dollars without slippage with around a million dollar or so of liquidity.
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Liquidity is vital. That is something that is missing in HBD. We simply do not have the liquidity out there. That is one of the reasons for the volatility.
As for the proposal, I agree with the idea but not the timing. I dont think using the HBD from the DAO is enough. We need a great deal more.
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I think more is better but the DAO is good enough to start. If we can prove that we can peg things properly, I think other people will jump in after things look safer.
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