I'd have to see a very specific proposal to comment. That's more than a pool, and we already have conversions and pools, so I'm not sure anything is actually improved by combining them.
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I'd have to see a very specific proposal to comment. That's more than a pool, and we already have conversions and pools, so I'm not sure anything is actually improved by combining them.
In general, I truly believe more liquidy on HBD/Hive + conversations ( from HBD-stabilizer or community in a fund) will help massively in terms of:
Make HBD more stable, because larger trades are possible (less fear of get stuck) + more attractive to maintain price, because of larger amounts can be used for that ( look exchanges trade BUSD/USDT in xx Millions and make some profits).
But for that volume is needed :)
And if the pool has some base investment from DAO that never will be withdrawn, it would work as a burn/ DEFI 2.0 with contract-owned liquidity.
I would also expect, it's a good sell point for HBD " look you can trade 1 Million USD at once.
With a swap fee that auto compound, I see a working instrument that can help to make HBD more stable.
Remove the fear of bottleneck is in crypto a super power and a onchain pool L1 would be the most decentralized DeFi protocol in the entire crypto space.