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RE: HBD Stabilizer May 2024

in #hbd4 months ago

What were the main challenges faced by the HBD stabilizer in the last six months?

Are there plans to further educate the community about how the stabilizer works and its importance?

Is there any interest in collaborating with other blockchains or DeFi projects to improve the stability of HBD?

How can HBD be more widely adopted for offline transactions?

What security measures are in place to ensure DHF funds are not compromised during the stabilization process?

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  1. There are no major challenges it works fine. I'd like to see one or more other people running their own independent stabilizer, which would make it more resilient, but the way it is works fine.
  2. I'm happy to answer questions, but most of the answer are already in my blog posts.
  3. I don't see how that would work or help but open to proposals
  4. Wider deployment of mobile wallets and point of sale systems I guess, but the main component, wich is confidence that HBD has a stable enough value for most routine transactions has already been achieved.
  5. The funds are promptly and continually sent back to DHF (with profits if any) as soon as the algorithm is done with them, minimizing the amount at risk, and the server is well-secured.