To be honest I am scared of staking and lock periods now after Luna crashed. I am staking 50% Hive and keeping other earnings liquid.
I lost it all on a 21 day unstake, imagine a 1 yr stake. Will there be an option to break out of the stake for a fee given if something happens you want cash out fast.
Posted Using LeoFinance Beta
This would definitely be a added advantage.
I think comparing the two is no applicable. That is like saying something about a stock because another stock imploded.
The only similarities between UST and HBD are the fact they are algorithmic stablecoins.
Posted Using LeoFinance Beta
Correct and Hive has a system in place the continues to ensure stability and it is decentralised with multiple people and programs ensuring it.
Luna was a fraud from the gitgo.
@dollarvigilante called their death spiral months before it happened.
3rd party risk is at 99% against you getting your money back today, hive solves this.