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RE: Terra UST spectacular crash: UST debt vs HBD debt. Could the same happen to HIVE and Hive Dollar?

in LeoFinance2 years ago

While a conservation debt limit might make it survive more, it would limit it's adoption and I think most people here want it to be a stablecoin they can use. So I don't think the debt limit will be lowered and I heard some people mention that they want to increase it. I think the only other safety mechanism they can add is to add a 5% tax on the HBD to Hive conversions. If they do so, at least a part of the Hive will be removed from impacting the price.

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