You are viewing a single comment's thread from:

RE: HBD Stabilizer - Broken? 🤔

in #pimplast month

Well I called it smooth's wallet because of this -

And @arcange, this is not a crack at you, because I know the funds are going to @hbdstabilizer, your name is simply the one on the current proposal. I still love you man 🤗.

I would need to find the post but I believe smooth has encouraged other people to run their own versions of HBD Stabilizer in the past to try to decentralize HBD Stabilizer.

HBD Stabilizer is funded through the DHF. If we have a particular question, I’m guessing smooth would be receptive and answer the question if the question is concise.

I’m all for accountability but I’m just not sure what the goal is here.

Like do we want that HP out of that account? Do we want HBD to stay at $1 everywhere all the time?

Sort:  

It initially said all HIVE and HBD so technically, it should be returned. As for a dollar everywhere? Is that not what makes a stablecoin?

I looked at the wallet and I am not sure where that HP came from. Is that HP from the DHF or the reward pool?

2nd part -

I was under the impression HBD Stabilizer is just about holding the internal price to peg.

I would think if we want HBD Stabilizer to cover all exchanges that would cost more from DHF.