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RE: pHBD-USDC is Now Live! | HBD is About to Get a $5,000,000 Liquidity Pool

That is what automatic market makers tend to be. They are computerized buying and selling. They make money on the spread. One of their primary use cases is to bring the bid/ask prices closer together.

But in a situation like this, it can serve as a way to keep things pegged.

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