HIVE is the deep utility asset of the blockchain: tracking value based on the growth and usage of the ecosystem.
HBD is the debt created by that chain to more easily track, store and transact value.
I think the ecosystem of Hive is one of the most robust and diverse out there. We’ve all known this with all the Hive-based projects, interfaces, etc. that are built here. The 20% on-chain savings rate just deployed one of the most valuable use cases in this industry that every whale out there is looking for.
We need to make HBD more accessible and bring it to the masses of DeFi. It’s so underrated but hard to use and get a hold of. PHBD solves this but we need to keep stacking the liquidity in there
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This is so true, if we look deeply at the entire Hive ecosystem it amazes me on how much this chain can do and achieve, it remains to just make the best out of it.
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Khal is right. We need to keep it growing. There is a lot that can feed into it. Polycub is inserting itself in the middle of things. This means we have to keep adding where we can. It is vital that the LPs keep experiencing consistent growth.
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Very true. A lot of different directions that HBD needs attention and the liquidity pool is just one of them. It is the chicken or the egg: need more HBD to get more liquidity; need more liquidity for people to use HBD.
Sadly there are no shortcuts. We just need to keep the push going towards $500K and then move on to $1M from there.
I just added pHIVE to that pool; help get that going a bit.
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