Well at least so far the HBD peg hasn't really dropped as much. I think the mechanisms will bring prices down eventually but I still think we have to pay attention after what happened to IRON/TITAN.
Posted Using LeoFinance Beta
Well at least so far the HBD peg hasn't really dropped as much. I think the mechanisms will bring prices down eventually but I still think we have to pay attention after what happened to IRON/TITAN.
Posted Using LeoFinance Beta
What do you mean? Wasnt that a rugpull?
Posted Using LeoFinance Beta
I think it was kind of someone abusing the algorithm they were using. By removing liquidity then selling the tokens, the price was knocked off peg and it destroyed a lot of people who had the base token since the price tanked.
Posted Using LeoFinance Beta
The difference is the coding for HBD is in the blockchain. Hence it cant be changed without a hard fork and has to be done openly.
Posted Using LeoFinance Beta