You are viewing a single comment's thread from:

RE: In Defense Of Hive

I didnt say people should invest anything anywhere. I am not here to tell people what to do with their money. That is up to them.

What I was pointing out is that the LP on the other chains provide a defense barrier for HBD. Whether those LPs are worth it to people is up to them. However, an attack on pHBD is not the same as one on HBD.

And if you follow the idea of the Hive Financial Network, you see how other derivatives built on top end up creating more layers of defense.

Posted Using LeoFinance Beta

Sort:  

I see.
Is it accurate to say:
If someone invests in bHBD on Cubfinance, as a derivative of HBD, this investment creates liquidity for HBD off of Hive, in the form of this liquidity pool, allowing the buying and selling of HBD, and protects Hive from an attack vector focused on Hive?

Plus this investment could provide a yield greater then that available on Hive, albeit at potentially increased risk of a hack?

So increase the security of the Hive Financial Network with this investment, and increase your earnings on HBD, versus staking HBD in your wallet, at some increased risk?

Posted Using LeoFinance Beta