Oh so it is like a dollar ? I see that it has been maintaining it's price between $0.9-1 despite not being on most of the big exchanges and that is really good.
It is designed for commerce and not speculation. It could be aided if people make money in a bull market, sell their crypto and park the gains in HBD. So as a parking spot, it will gain some use.
When the price of $HIVE goes up more rewards are paid in $HBD if those are put in savings you collect 20% in bear market.. in short $HBD is for saving.
HBD doesnt really have anything to do with bull or bear market. It is a stablecoin and a fixed income instrument.
Oh so it is like a dollar ? I see that it has been maintaining it's price between $0.9-1 despite not being on most of the big exchanges and that is really good.
It is designed for commerce and not speculation. It could be aided if people make money in a bull market, sell their crypto and park the gains in HBD. So as a parking spot, it will gain some use.
I understand that and it makes so much sense with the 20% APR. I don't think any stable coin is giving that APR.
When the price of $HIVE goes up more rewards are paid in $HBD if those are put in savings you collect 20% in bear market.. in short $HBD is for saving.