RE: pHBD is 1:1 Backed with HBD On the Hive Blockchain

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uyobong.venture (50)in LeoFinance • 3 years ago

Just an amazing explanation on why every HBD holder should dive into pHBD to provide liquidity in the pool.

Nothing is lost providing liquidity since th backed HBD on Hive is well safe and intact with Hive's high security.

Reaching $5 million size of pool will become easier once there's sufficient liquidity to buy into pHBD from USDC.

3 years ago in LeoFinance by uyobong.venture (50)

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taskmaster4450le (80) 3 years ago

Liquidity and float feed off each other. We need more produced so investors have the liquidity to enter and exit positions.

So there is the chicken or the egg. But each day, it is growing and that is what is important.

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