Very interesting what's going on with HBD. I don't see HBD Pools or Exchange listings working as we'd all want this to. We need better Ponzi mechanics to unleash the Kraken.
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Very interesting what's going on with HBD. I don't see HBD Pools or Exchange listings working as we'd all want this to. We need better Ponzi mechanics to unleash the Kraken.
The main goal to keep hbd around the dollar is the number one priority.... and this has improved, with the internal market now having the best liquidity
As long as the price is determined by the whole liquid supply against the wall, it'll never truly peg and it will not be mega popular. We need to increase its use cases while decreasing the surface area that is exposed to market forces. Best Case - HBD is only part of the internal market and has tons of derivates and use-cases. The unit of measurement is the USD eventually, which makes the oracle game very easy.