Posts

RE: RE: pHBD Should Be Polycub's Main Token

avatar of @taskmaster4450le
25
@taskmaster4450le
·
·
0 views
·
1 min read

so, what would happen, if, hypothetically, HIVE ran all the way to $5 USD per token, would that open the floodgates of liquidity to HBD?

Potentially. Under that scenario, each $HIVE could convert to 5 HBD. However, the question is how many would convert?

That is where utility comes in. Those who are HODLing $HIVE for appreciation, to be able to interact with the blockchian or for governance wouldnt do a not of HBD creating.

It is why there needs to be other ways to generate it like the placement in savings as well as reward payouts.

Posted Using LeoFinance Beta