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

in LeoFinance3 years ago

USDC is the #1 stablecoin in terms of usage and liquidity on the Polygon network. Thus, it makes sense to pair pHBD to the #1 most liquid and utilized stablecoin on the blockchain that it is deployed on.

For example, if we deploy bHBD for CUB, then we will pair it against BUSD

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