Hi guys š in this weeks episode of āLatest on Splinterlandsā we have - The Proposal: Using HBD Saving Interests to Buy DEC
š§µ
#threadstorm #outreach
Hi guys š in this weeks episode of āLatest on Splinterlandsā we have - The Proposal: Using HBD Saving Interests to Buy DEC
š§µ
#threadstorm #outreach
1/ Thereās finally an opportunity to use available funds in Splinterlands treasury to bring DEC to peg with two options which consists of buying DEC or HBD.
2/ For me itās HBD at first glance but itās easier said than done, there are constraints to be contended with. Letās talk about it.
3/ Using interests from HBD savings to buy DEC and burn or use it in an economically productive way could yield immense positive returns. The application was highly explained in the proposal. You may want to check it.
4/ But it is also a known feat that liquidity on HBD is very thin and could have negative implications. This calls for a solution to the lack of AMM on Hives internal market. This has become a challenge to our growth and success.
5/ But for how long? In my latest post, I discussed how and why Splinterlands can take this challenge up and turn it into a victory, if they can herald the solution to this problem. Itās our ecosystem anyway
6/ What happens when a great idea meets a roadblock? You get a debate. And this one's about liquidity, market dynamics, and the future of #DEC. Letās talk about it in my post below.
https://leofinance.io/@mistakili/the-proposal-using-hbd-savings-interest-to-buy-dec