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RE: The HBD Peg Conundrum

in #hive4 years ago

The hdbstalizer is doing exactly that (stopping that from happening to HBD). I just published a post that goes into that in more depth.

As for the internal market issue, there are traders who arbitrage between all the markets for HBD, so the increased supply pushes down HBD price. @smooth has explained elsewhere that he keeps the bot trading on the internal exchange because this maintains transparency. Seemed sensible to me.