Your article and @taskmaster4450's recent explanation on the defenses HBD has are two of the best material to show to anyone when presenting the case for why HBD is the best decentralized stablecoin out there. We have a product that is,
- Backed by a real asset + DAPP ecosystem
- Backed by a real community
- Safeguards in place against price manipulation attacks
- Overcollateralized (in a sense)
- Does not lead to hyperinflation of the asset backing the stablecoin
- Not controlled by a single party or small group
I had some faith left in Terra. They have proven that they were never a proper decentralized project now with their shutting down. I'm open to trading LUNA and UST for quick profits/speculation. Long term investing on the other hand is simply out of question.
!PIZZA
Posted Using LeoFinance Beta