Essentially the idea is to add another layer to the Hive Savings program which offers a higher return in exchange for a longer commitment.
I believe Hive Savings section has not been prioritized by the devs while other sides are perfectly developed and enriched until now.
Many products can be operated thanks to Hive blockchain facilities. HBD, meanwhile, will get some other use cases and sources to get stable $1 peg.
Since this can be tied to the lack of collateral, we see how even capturing a small portion of this could really help HBD. An open source application built on a decentralized second layer that is tied to Hive really changes the entire equation.
Yesterday I spent a couple of bucks for Avalanche transactions + 2-3 hours for X,C,P Chain stuff. Hive, on the other hand, can handle all these things in 3 seconds for free !
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There are a lot of advantages to Hive in that regard. However, much of this will operate on the second layer. The HBD engagement of course will be on Hive and subject to what you mentioned. The second layer could operate a bit different but your point is the same.
Hell someone could actually fork Hive if they wanted and use the infrastructure coding to build the node system although there are a number being built.
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