7/ #HBD has mechanics behind it that #UST & #LUNA do not. It's foundational that HBD has things like the Debt Ceiling, Haircut Rule, etc. that keep it from death spiraling
But our topic today is the prosperous future that HBD can bring
There's also the fact that if $hive mooned to $100, author rewards would be pretty effin' massive. That would attract a lot of new content creators and consumers as well driving traffic.
#HBD - #Hive-Backed Dollars - have completely changed a lot of perspectives about the $HIVE ecosystem. I regularly talk to a lot of different types of Hive users, investors and curious whale outsiders who look at the Hive ecosystem.
2/ #Hive is rather complex but also simple. To any of us who have been here for any length of time, Hive is a living organism. We spend so much time on this blockchain that we begin to understand it as a living, breathing organism
3/ For outsiders, it looks like a super complex ecosystem with so many different game theory mechanics, it could make a grandmaster chess player's head explode.
4/ In my opinion, #HBD has radically changed the financial value proposition on Hive. I think HBD has the potential to moon the HIVE price. $100 HIVE doesn't seem too far off in a world where HBD begins to gain stablecoin-level adoption
5/ Look at what happened to #LUNA and #UST. They exploded in popularity thanks to the 20% Anchor interest rate on UST savings. This led to massive scale development on the #Terra ecosystem and devs & teams flocked to the ecosystem to build
6/ Obviously, we know the final chapter of LUNA & UST. The whole damn thing imploded because the system was built on unsolid ground. The foundation was easy to death spiral and a few bad actors managed to hit the lead domino's.
9/ One user has been making waves on the Hive blockchain, his name is @lazy-panda. This lazy panda is sitting back and collecting a $16k per month check from the Hive blockchain for having 1M HBD in savings.
10/ What this means for Hive is profound. $1M is absolutely nothing in the broader crypto ecosystem and even less than nothing in TradFi - where having anything under $1 Billion in AUM wouldn't even get you a seat at the table.
13/ You need to have "VCs"... you need "hedge funds"... You need "whales". Whale adoption is key to a healthy economy. They create liquidity. They have whale friends. Yada yada yada.
14/ We all love $HIVE for the dApps and technology that it brings but whales will love Hive for the 20% interest rate they can earn on stablecoin savings (#HBD).
15/ While there are many narratives driving future growth of the $HIVE ecosystem, I believe #HBD is becoming a core pillar in what pushes #HIVE's growth as a currency, ecosystem & financial "supercenter" - as @taskmaster4450le loves to say
The #hive #hbd pair are like made for each other pair despite all the bear market storms nothing rocked their boat. Touch wood to that
#leo #leofinance
7/ #HBD has mechanics behind it that #UST & #LUNA do not. It's foundational that HBD has things like the Debt Ceiling, Haircut Rule, etc. that keep it from death spiraling
But our topic today is the prosperous future that HBD can bring
There's also the fact that if $hive mooned to $100, author rewards would be pretty effin' massive. That would attract a lot of new content creators and consumers as well driving traffic.
My first use of the bookmark thread feature.
Love to hear it fren
#hbd is best for market regulation and #hive inflation.
2/ #Hive is rather complex but also simple. To any of us who have been here for any length of time, Hive is a living organism. We spend so much time on this blockchain that we begin to understand it as a living, breathing organism
3/ For outsiders, it looks like a super complex ecosystem with so many different game theory mechanics, it could make a grandmaster chess player's head explode.
4/ In my opinion, #HBD has radically changed the financial value proposition on Hive. I think HBD has the potential to moon the HIVE price. $100 HIVE doesn't seem too far off in a world where HBD begins to gain stablecoin-level adoption
5/ Look at what happened to #LUNA and #UST. They exploded in popularity thanks to the 20% Anchor interest rate on UST savings. This led to massive scale development on the #Terra ecosystem and devs & teams flocked to the ecosystem to build
6/ Obviously, we know the final chapter of LUNA & UST. The whole damn thing imploded because the system was built on unsolid ground. The foundation was easy to death spiral and a few bad actors managed to hit the lead domino's.
8/ $1M #HBD in Savings
9/ One user has been making waves on the Hive blockchain, his name is @lazy-panda. This lazy panda is sitting back and collecting a $16k per month check from the Hive blockchain for having 1M HBD in savings.
10/ What this means for Hive is profound. $1M is absolutely nothing in the broader crypto ecosystem and even less than nothing in TradFi - where having anything under $1 Billion in AUM wouldn't even get you a seat at the table.
11/ One thing I love about this is proving that HBD is becoming more trustworthy. HBD has been around for a while but the 20% interest rate has not.
12/ We've now opened Hive up to being adopted by financial whales who care only about money... and that's a good thing.
13/ You need to have "VCs"... you need "hedge funds"... You need "whales". Whale adoption is key to a healthy economy. They create liquidity. They have whale friends. Yada yada yada.
14/ We all love $HIVE for the dApps and technology that it brings but whales will love Hive for the 20% interest rate they can earn on stablecoin savings (#HBD).
15/ While there are many narratives driving future growth of the $HIVE ecosystem, I believe #HBD is becoming a core pillar in what pushes #HIVE's growth as a currency, ecosystem & financial "supercenter" - as @taskmaster4450le loves to say
16/ Enjoyed this Thread? Read the full post on #leofinance $LEO & $HIVE
https://leofinance.io/@khaleelkazi/hbd-the-future-of-hive
big facts
The #hive #hbd pair are like made for each other pair despite all the bear market storms nothing rocked their boat. Touch wood to that #leo #leofinance