You are viewing a single comment's thread from:RE: LeoThread 2023-02-16 16:31View the full contextjocieprosza (66)in LeoFinance • 2 years ago How HBD peg would work if Hive gets more and more popular - meaning the HBD Stabiliser would be not enough
The peg is not actually not based upon the market. HBD is pegged in that is can be converted for $1 worth of $HIVE. This means that more popular Hive likely sends the mark cap higher = better peg; haircut is below 30%, peg stands