What PHBD-USDC LP farm on PolyCUB does is that it provides investors an opportunity to buy large stake of HBD as the hive internal market or exchanges can't do.
Many that play the stablecoin game, who intended buying a huge chunk of HBD couldn't because you can only get about $100 worth of HBD at a time.
So imagine if I had $1k, I'd have to buy about 10x to exhaust my $1k.
Providing liquidity for pHBD with HBD is to enable whales and those with deep pockets to buy HBD and with more HBD at hand, it creates awareness about Hive...
Hive price could turn a good turn.
HBD stabilizer buys and sells HBD and Hive to keep HBD price stable, it inversely helps hive price.
It's certain hive price would make that good turn.
We came here with the intention to blog and earn, now we are learning about the blockchain and its mechanics.
Which means we will have more HBD to go around especially for those with big pockets to invest.
Thanks alot for explaining further. I appreciate sir.
Yeah, there would be.
That's actually what we want more HBD in hands.
Thanks for your contribution and no sir here...
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