I have 2 questions here:
- Is the pHBD backed by HBD?
- I don't really understand this point
This will work identical to pLEO so if you've ever used it, then you'll know exactly how it works
Will we use the same bridge like LEO (https://wleo.io/polygon) to wrap HDB to pHBD?
Posted Using LeoFinance Beta
Yes it is 1 to 1 backed - just as 1pLEO is backed by 1 native LEO on the hive blockchain and is verifiable using wLEO.io.
Every pHBD is backed by 1 HBD on Hive and can be unwrapped at any time for 1 HBD
Posted Using LeoFinance Beta
This explains it all, waiting for this to start saving my retirement money
Posted Using LeoFinance Beta