It is a great explanation for those who have a question mark about pHBD and want to understand pHBD better. This information is really great, definitely read every line.
Despite the declines in the crypto markets, HBD can stay around 1 dollar, which shows that HBD is stronger than before. I think it stems from the steps taken to solve the HBD demand and supply problem. Increasing the HBD fixed rate was a great event, and launching a liquidity pool was an even greater one.
HBD is currently $0.994. I was seeing HBD drop to $0.93 when there were such dips. The current situation shows that everything is going well. The more we support pHBD and HBD, the stronger it will be in the future and HBD could be the best stablecoin.
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The LP providing an arbitrage opportunity will help, over time, with the stability of HBD and holding the peg. As detailed, one can sell onchain while buying pHBD or vice versa.
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That's right, that's what you need, isn't it? Buying and selling HBD is getting easier. A whale will be able to buy or sell $10,000 worth of HBD at any time. And for more. It's a convenience, and PolyCUB provides this, which is what most whales want.
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Yeah we just keep it growing. The more that is fed into the entire HBD spectrum, the better it is for all involved.
This is really starting to take shape and rather quickly too.
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Definitely a lot of things are going well for HBD right now. It's a long-term run, but we're at a very good starting point.
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The SpkNetwork guys are working on building a layer 2 solution for all this. That will be very interesting.
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