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RE: HIVE Blockchain to Push Forward on an Algo Stablecoin Future!?

in LeoFinance2 years ago

You can't have HBD on Binance Smart Chain, you need Wrapped HBD to be able to stake/add liquidity/ trade on BSC.
The cool thing is having another way to put HBD to receive more than 12% APR through Kingdom!

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That is true but HBD could be resident on HIVE, earning the interest which is used, in some other combination, to payout for staking in the Kingdom. That is if they didnt want to utilize the bHBD version although I have a feeling that will be created. Why not? It only makes sense.

Posted Using LeoFinance Beta

They need to create bHBD since HBD can't be used on the BSC.

About using the staked HBD in kingdom to earn the 12% interest, they should be locked in order to benefit from the monthly interest rewards. Or they can add an incentive to Lock HBD for additional rewards.