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RE: pHBD is 1:1 Backed with HBD On the Hive Blockchain | Mechanics Deep Dive

in LeoFinance • 2 years ago

Arbitrage is vital for pegs to hold. That is why having a pool of liquidity is vital. We are going to see this LP fill up over time. It might take a few more weeks to get to $500K.

Once we have liquidity in there, then we can start to see some more trading activity as people find ways to make money off the move away from the peg.

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2 years ago in LeoFinance by
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