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

in LeoFinance3 years ago

where is the leverage? :D Other coins work with leverage :D

Next LEO$? take you leo and create leo $ take a loan against leo$ and buy more leo to print more leo$.

That's how all other coins work in general :D price up new loan to pay old back :D

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The lending platform is going to be added to Polycub. This will allow people to leverage their holdings of xPOLYCUB (and likely other assets on chain). We will see how much of that ends up with the pHBD pool.

Posted Using LeoFinance Beta

I think this is a pretty underestimated feature. It has some radically influential potential

Posted Using LeoFinance Beta

Yes especially if it is released after POLYCUB starts an upward ascent.

Posted Using LeoFinance Beta