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RE: Almost 10 million HIVE withdrawn from the exchanges in just one week!

in Hive Statistics3 years ago

my solution for it was an onchain liquidity pool for Hive/HBD.

10% interest for liquidity provider.

Why this would make sense? Own stablecoin with high liquidity = useful.

Exchanges and other pool could use it for transfers and so on. For bullruns this would be unbelievably useful. (5% fee hurts this)

For the bear market, it should help to stabilize hive in price indirect like DAI for ETH. Depending on pools and defi building on it. But in general, as long as enough money is there, they should be no panic.

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I don't know if this eliminates the risk, because people could remove liquidity.

Yes, but if its build right, it could be used for DEFI. They can build on top on that. So it would become the last thing in a longer row.

HBD can only become stable with enough people using it. And in the end, it's like the gold standard ( a security feature).

It needs only people that trade it 1USD to 1HBD. And I'm also not a fan of the converting mechanic. I like stablecoins without fees and collaterals behind.

Lock up Hive = generate HBD. Pay HBD back, you get Hive liquid again. with 500% + for example.

Would also remove sell pressure, because we can lock up right?