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RE: Some speculation on HBD price movements and how it impacts proposals

in #hive3 years ago

SWAP.HBD is comparable to a wrapped token. The fact that it's on a layer-2 is basically no different than looking at HBD priced across multiple exchanges (Bittrex, Huobi, etc.) Sure prices can vary but due to arbitrage opportunities they should broadly fall in line. So stabilizing HBD absolutely should stabilize SWAP.HBD to the same degree.