It's baffling how hard it can get to maintain a peg in a decentralized environment. DeFi is trying to solve this with rebasing tokens and Badger DAO probably had the most ambitious idea. They crated Digg and want it to be pegged to BTC rather than to the USD. They were also counting on arbitragers to take care of the peg but it turned out to be a lot harder than that...

Everyone needs to know why a certain token is pegged to something and the mechanisms behind it. Your post actually gave me a much deeper understanding of HBD but it also made me wonder why there isn't any Wiki page for new users to browse through? It could be like the sidebar on Reddit and every community can express their goals and guidelines. I know this is a Leo front-end thing but just curious if an idea like that was discussed in the past.

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