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RE: Some speculation on HBD price movements and how it impacts proposals

in #hive3 years ago

How about introducing a slider or some auto-convetsion mechanism taking into consideration current HBD price? Current HBD stabilizer seems like a temporary thing and isn't really effective enough.

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As mentioned in the post, there is a plan for a more powerful solution for the peg (the Hive -> HBD conversion operator). But any such solution requires a hardfork, so we're still around 2 months away from being able to deploy it in production.

Yes, I read your post, but is there actually any other downside of HBD above the peg except of proposal system? There might be much simplier sollution.

If HBD is completely unstable, there's no reason for it to exist at all. We're trying very simple solutions to fix the peg.