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RE: pHBD is 1:1 Backed with HBD On the Hive Blockchain | Mechanics Deep Dive

in LeoFinance • 3 years ago

Awesome information with pHBD backing to HBD and then the dollar.

This isnt accurate.

It is actually HIVE backing HBD which backs pHBD. We have HBD backed by $1 worth of HIVE*; not by $1.

No USD involved.

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3 years ago in LeoFinance by
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