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RE: Update On HBD And How A Major Use Case Emerged

I am not sure what you are referring to.

HBD has derivatives on both Polygon and BSC. They are part of a number of liquidity pools from Leofinance. People are able to get involved with them and earn a return, all while tying up HBD in the associated wallets on-chain.

Also, people simply look at it as a payment system. This is just one pillar and, most likely the smallest.

There is:

  • payment
  • funding and investing (which the DAO is doing)
  • derivatives (Leofinance already doing this)
  • collateralization

Plus we have a sink that will likely emerge in the next 6 months that will lock up HBD.

Do we need more options? Yes. But for something that was dead two years ago, HBD is making a ton of progress.

Posted Using LeoFinance Beta