You are viewing a single comment's thread from:

RE: Daily Crypto Markets Live Blog: Are Stablecoins In Trouble? (05/23/22)

in LeoFinance2 years ago

I don't think just Ragnarok is enough. We need more applications and platforms to use HBD. However, the first thing that needs to change is to increase both the liquidity and supply of HBD to make this feasible.

Posted Using LeoFinance Beta

Sort:  

Yes, Ragnarok isn't enough, we need more use case and that's why we have time on our side rn, being underrated is a blessing in disguise for now.

We'll see how much can be built around HBD with time.

PHbd pool is doing quite well and our liquidity issues is being solved slow and steady, we'll see how big the pool can go in a year from now.

Posted Using LeoFinance Beta

PHbd pool is doing quite well...

That is one of the first things that we need to do. Derivatives need to be created off HBD.

We need to get into many different financial products surrounding it. I wish the team would bring out bHBD quickly to have another derivative out there. Could open up the door for more arbitrage.

That is what we need, then can build more advanced derivatives on top.

Posted Using LeoFinance Beta

It would be nice to see that(bHBD) roll out sooner than later.

Posted Using LeoFinance Beta

We have to first make it stable.

Posted using LeoFinance Mobile

We actually have to get into the bonding first. This opens up a host of other possibilities.

Of course, since few who are dealing with these things understand the existing banking system, they are looking at things the wrong way.

Posted Using LeoFinance Beta