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@khaleelkazi
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1 min read

I actually wasn’t aware of the stabilizer providing that much HBD daily at 1% premium. It’s not great but it is workable.

There still remains a few issues with that:

  1. If I didn’t even know that was there, how will outside whales figure it out
  2. AFAIK this only applies to buying HBD. So there is no off-ramp liquidity - this is one of the main things turning DeFi whales off from buying HBD

I would love to push this to the hive community though. There’s an opportunity now to buy a bunch of HBD and wrap it into pHBD to provide liquidity that can solve these issues

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