Awesome writeup about HBD. We have been waiting for it get peg back near $1 so we can use it on the @hivelist store and be able to pay out vendors in HBD. We had to move to SWAP.USDT for a while for payouts because HBD didn't know what a peg was for a while, lol. So now with the new hardfork, we are looking hard at the peg and seeing if it can stay stable enough to work with in #hivecommerce
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It appears there are a lot more tools available, both for the Witnesses and the community. This looks like it could work with a collective effort. The Witnesses can keep adjusting the interest rate when things get out of line while the community can arbitrage. Add in the debt to Hive ratio and we can see a lot of things tossed at trying to keep the peg.
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