You are viewing a single comment's thread from:

RE: HBD, Arbitrage, And The Internal Exchange

in LeoFinance2 years ago

What does the HBD stabilizer offering 140k HBD in the internal market

carrying 1% premium
?

Sounds better to me, HBD on savings or HBD in LPs, it's both for the greater good.

Sort:  

The HBD stabilizer sets its sell orders 1% below what is there. Hence is a buyer wants to get the HBD from it, there is effectively a 1% premium to buy. Not the end of the world when you consider that exchanges often charge a percent or two in transaction fees.

Posted Using LeoFinance Beta

Damn, that's a good deal that worth to be called a premium.
Thanks for shedding light...