Thanks for this. The blockchain price vs market price chart is a good way to demonstrate the effectiveness of the peg mechanisms that we have. It shows that while HBD does not maintain a perfect peg, the peg mechanisms we have absolutely do work, especially after the June 2021 hard fork.
the peg can be maintained as long as the price of HIVE stays above $0.2
That's a useful benchmark to know.
What happens to Hive's internal market. Does it still operate as though HBD is a dollar when Hive is below 20 cents?
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thanks for such a detailed and clear overview of HBD.
Despite the big push on HBD, its still declining. but is there an overall declining trend on hive this year too?