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RE: The Impact Of Hive Backed Dollars (HBD)

in LeoFinance4 years ago

I think stability for HBD means people can save HBD in hope that they value wouldn't really fluctuate, it provides more use case for HBD because being pegged to 1$ means one can just chose it as their basic savings and the incentive to do so is even better. This is probably the smoothest and most viable HF, in my opinion

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That is very true. Having a stable HBD does allow for easier planning when saving and getting a steady return. It also would make it viable to be included in yield farming applications.

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