Excellent post, however, UST lost courage due to the high offer at a difficult time for the project. If users massively sell HBD to HIVE, what prevents demand from paying less than the parity, creating an imbalance in the 1:1 parity?
Excellent post, however, UST lost courage due to the high offer at a difficult time for the project. If users massively sell HBD to HIVE, what prevents demand from paying less than the parity, creating an imbalance in the 1:1 parity?
The conversion mechanism prevents excess HBD from being in circulation and corrects the price accordingly.