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avatar of @chekohler
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@chekohler
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1 min read

I really like HBD's idea but I think because of a combination between irrational retail investors here and the marketcap fluctuations and the way rewards are distributed it has to deal with managing a lot of volatility by itself

Having an incentive the way DAI has to pull back capital to help rebalance the pool would be great, I remember when they tried that SBD potato thing I thought it was so dumb but okay to each their own.

I think more forces to rebalance are always better, like having HBD wrapped into a ERC-20 token listed with Curve finance where we put it in a pool with stable coins and it helps balance out the pool and we earn on the arbitrage by being a LP provider

Then there are things like having a USDT bridge and better market-making tools on the internal market, so people have a vested interest in profiting from the mismatches and keep the coin stable

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