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RE: Signalling for 20% HBD interest

in LeoFinance2 years ago

20% would be lovely and I agree with all the positives mentioned in your post but my question is simply this;
Obviously people would be looking to buy tons of HBD on the open markets, how difficult would it then be to hold the peg at $1 and not let the price rocket out of control?

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The stabilizer should be able to push it down. If the price goes over $1, the stabilizer will use the HBD to buy Hive and send it the DHF.

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If you and Smooth are confident of that then it should be a genuine game changer for Hive, especially as this ought to generate a lot of positive publicity.

Appreciate you taking the time. Thank you :-)