Yeah it is quite puzzling. The lack of transparency is the most troubling. Even when the bridge was working properly I would routinely have to file a ticket on the Leo discord to tell them to manually bridge (weeks late). Getting bHBD back to peg doesn't seem that difficult, just a few hundred dollars increases the bHBD price by 5%+. Now they are airdropping LEO to CUB users, but still, I believe bHBD is a valuable token if pegged properly. https://peakd.com/hive-167922/@leofinance/the-firstever-stake-weighted-leo-poll-on-hive-cub-polycubs-future-is-at-stake
The people name are probably weary of saying anything because they are still owed money.
I am one of the above names and I'm happy to answer any questions. I have been waiting 5 months for repayment. I've had just over half so far with many promises broken about payments. Remember wrapping and unwrapping HBD was promised to be instants. Not just instant when they take your HBD but never ending to give it back.
The main thing that has annoyed me is the constant lies and broken promises and the lack of honesty. I have screen shots of my 5 month old ticket and suggest others in this position do the same.
I read through that proposal and I'm appalled - they did it all on purpose. Now they want us to trade in cub for pennys
Edit: pennies
Yup. It's pretty ridiculous.
Exactly, I see value and usecase for CUB as a bridge from Hive to Binance Smart Chain. I was talking to an exchange about listing Hive and they told me listing Hive/HBD would cost thousands of dollars, listing a BEP-20 token like bHive or bHBD would cost a few hundreds of $.
Thanks for the link
That's interesting. bHIVE and bHBD on exchanges would be game-changer. It's a shame Leo couldn't maintain their peg, especially since native HBD is still pegged and earning 20% APY. I'm owed a lot of bHBD but I am slowly selling daily as a hedge in case it never gets its peg back.
At the moment, since I read the news, I'm thinking of trading my all cub for bHBD and sending it via their manual bridge. I guess, it may reduce the damage
Interesting. I may try the bridge too. I just don't know how it works (and when it works). I will send them a message on discord to see what rate I can get my hHBD at.