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RE: HBD stabilizer proposal

in #hbd2 years ago

Hi @smooth. Awesome work so far

It is the upper peg which is the most serious deficiency, so it is being prioritized. We may revisit below-peg situations later.

Please I’ll appreciate a pointer to the posts where you revisited below peg situations. Thanks.

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As noted in the post the lower peg was always supported by the ability of anyone to convert HBD into HIVE (reducing supply and supporting demand for undervalued HBD). However, this was also added to the stabilizer here