That is so interesting but I wonder if people are going to benefit from this and convert Hive to HBD or buy HBD , Will this cause HBD Price to Rise and lose its stability !
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That is so interesting but I wonder if people are going to benefit from this and convert Hive to HBD or buy HBD , Will this cause HBD Price to Rise and lose its stability !
If HBD price rise, you can always sell it for more hive and convert that hive into HBD again. This way market can be arbitraged and The HBD holder gains more. It's a win win. This also cause more buying pressure for hive.
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There were mechanisms added in the last hardfork to help maintain HBD price stability. For example, if the price goes up, people can convert Hive to HBD and sell the HBD at a profit, which should bring the price down. Conversely, if price goes down, then people can buy HBD cheaper and hold the HBD for interest and in anticipation that its price will rise (there's also the option to convert HBD to Hive and use the Hive to buy HBD).
The hbdstabilizer additionally helps keep price stability.