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RE: The HBD Balance In Savings Keeps On Growing | More Than One Million Paid In Interest | A Look At The Data In HBD Savings

in LeoFinance2 years ago

How exactly does HBD keep its peg at this interest rate? There absolutely isn't 20% more fiat entering into the HIVE ecosystem simply to cover this interest payout. I understand that it is due to the 'haircut' system ie when people start eventually converting HBD to hive it'll tank the conversion rate but I just don't get it.