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RE: Are you converting Hive to HBD?

in LeoFinance3 years ago (edited)

So if I convert HIVE to HBD today, I will get HBD that is worth 1.33 and only have to pay 1.05 for it?? And if HIVE price stays the same for 3 days I could sell that same HBD back for more HIVE? It's still a little confusing, but if this is the case this is pretty sick.

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You are correct. Just be sure to understand the mechanism including the locked up collateral for 3.5 days.