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RE: Some Thoughts On Hive Backed Dollar (HBD)

in LeoFinance3 years ago

stable coin needs to be on demand but the mechanic that's connected with the inflation makes it not possible.

Generate HBD with an Asset behind makes more sense to expand. Or a pool mechanic with fee+ burn (including the 10% APR).

So 2 pools can work to stabilize.

I think we will see a way lower than 1$ HBD sooner or later. Special if the number becomes too high and the haircut comes into place.