I'm not totally sure how HBD works now days in a bear market either, but I like that we made the interest rate adjustable by the witnesses.
It seems to be holding up rather well.
The internal exchange had it near a dollar with near $400K of 24 hour volume. pHBD did the same on lower volume. The external exchanges saw come variance but there is almost no liquidity there outside Upbit but that is closed to non-Koreans.
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While it isn't exactly pegged it does seem to be working to keep it close! That's great.
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