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RE: HBD Has the Potential to Bring Billions of Dollars into the Hive Ecosystem

in LeoFinance • 2 years ago

Very interesting response you gave here.

HBD is backed by HIVE. HIVE is backed by the entire Hive ecosystem. There's also not enough HBD even available for purchase to crush the price in that manner.

This is the very powerful side of Hive's HBD. Added to the fact that Hive is truly decentralized and we have out keys to our assets.

The very beauty of pHBD staking is that pHBD is backed 1:1 y the native HBD on Hive.

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2 years ago in LeoFinance by
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     2 years ago  

    I definitely think it's stronger than the fragile system that was in place for LUNA and UST.

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