1/ What does HIVE look like if VSC pulls in $200 million in coins and wraps them? When we consider the size of the market, this is a drop in the bucket. Here is where we have a minimal amt of the overall making a huge impact.
2/ Because of the dynamics of Hive, we can see that the market cap of HBD and HIVE cannot be the same. This means the haircut rule enters into the valuation.
3/ $200 million placed as collateral on VSC means we are dealing with 400M HBD. That is going to equate to a market cap of $1.3 billion, a 10x. However, if we add in some other features, where does this take us?
1/ What does HIVE look like if VSC pulls in $200 million in coins and wraps them? When we consider the size of the market, this is a drop in the bucket. Here is where we have a minimal amt of the overall making a huge impact.
2/ Because of the dynamics of Hive, we can see that the market cap of HBD and HIVE cannot be the same. This means the haircut rule enters into the valuation.
3/ $200 million placed as collateral on VSC means we are dealing with 400M HBD. That is going to equate to a market cap of $1.3 billion, a 10x. However, if we add in some other features, where does this take us?
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https://inleo.io/@taskmaster4450/vsc-what-does-hive-look-like-with-200m-wrapped