I didn’t realize that hbd was a stable coin. I thought it was modeled after sbd which seems far from stable.
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I didn’t realize that hbd was a stable coin. I thought it was modeled after sbd which seems far from stable.
It was. The difference is there was attention paid to it and the development of the HBD stabilizer that uses funding from the DHF to buy or sell on the open market depending upon where the price is. This is keeping the price closer to the peg.
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