Thank you for sharing
Please what is the difference with Hive and Hive dollar
I'm a newbie and want to know??
You are viewing a single comment's thread from:
Thank you for sharing
Please what is the difference with Hive and Hive dollar
I'm a newbie and want to know??
HIVE is the native token that is used as the blockcahins "gas". It is what allows people to engage when it is powered up. At the same time, it also provides governance (voting on Witnesses and for proposals). Finally, it allows for curation, so the more one has powered up, the more one will earn in curation.
HBD is a stablecoin that is backed by $1 worth of HIVE. Hence it can be converted for $1 HIVE. This is the peg. Put HBD in savings and one will get 20% APR.
Posted Using LeoFinance Beta
Wow thanks for the explanation i now understand. I appreciate you
No problem. Glad I could help.
Posted Using LeoFinance Beta
I'm glad k came across your post