$hbd is stable because the peg is on conversion not the market. As long as the haircut rate is below 30%, the peg is in effect.
This makes #hive's stablecoin different from the rest of the industry.
$hbd is stable because the peg is on conversion not the market. As long as the haircut rate is below 30%, the peg is in effect.
This makes #hive's stablecoin different from the rest of the industry.