Posts

avatar of @steemstreems
25
@steemstreems
·
·
0 views
·
1 min read

Admittedly I am not quite up to snuff on all of the HBD mechanics. However, this is what I think needs to happen:

  1. As many HBD holders as possible put 1/2 HBD in savings and wrap other half into pLEO and subsequently LP in pHBD-USDC pool on polygon. The reason I say this is because (and this is where my understanding may be subpar) I understood that more in HBD savings = more HBD printed. We need not only liquidity but more hbd minted at a given interest rate.

On second thought maybe everyone goign into the polygon pool would not be as bad as I originally thought because polyCUB will be taking some portion of all invested and putting it back into HBD savings. Still would not cause as much to be printed as if an individual just put half of their own into hbd savings.

  1. Every dApp owner on HIVE find a way to take HBD as a payment for services/membership etc.
  2. Campaigns to encourage outsiders to provide HBD liquidity. (Leo is working steadily on this)
  3. Incentives (mostly monetary but also otherwise) for people to do the above 3. For instance maybe vendors/dApp owners could give slightly better rates on any transactions they enter into for HBD vs HIVE. Small discounts for using HBD instead of HIVE for payment.

Posted Using LeoFinance Beta