Well HBD is not going to be backed by a dollar and will not be redeemed for dollars. It is paid in Hive.
So a peg to a dollar via Hive is still I think near the same.
Posted Using LeoFinance Beta
Well HBD is not going to be backed by a dollar and will not be redeemed for dollars. It is paid in Hive.
So a peg to a dollar via Hive is still I think near the same.
Posted Using LeoFinance Beta
I'm really not understanding the benefits of that for some reason. It seems overly complicated with no real benefits? What makes pegging it that way more beneficial than $1 USD?