HIVE Blockchain to Push Forward on an Algo Stablecoin Future!?
The Hive Blockchain has recently made some changes to the way HBD works as an ecosystem asset.
We believe that many of these changes - especially if combined with a few other key updates - is the best path forward for Hive.
Stablecoins are here to stay. Their role in the broader crypto industry is undeniably one of the most important.
Terra (LUNA) has shown the world than algo approach to stablecoins can be extremely effective, when done right.
In this clip from the last AMA, we talk about HBD. How it works right now, what we think could make it better and more effective as a desirable stablecoin asset and we also discuss some updates to Hivestats and CubDeFi.com that will integrate HBD in analycis and vault form.
HBD is potentially a game-changer for the Hive ecosystem when it comes to accessing the broader market.
▶️ 3Speak
This is great and a work well-done am happy for this with so much improvement happening in the blockchain.
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Literally speaking HBD is one of the best part of Hive blockchain. Indeed HBD is a game changer in the Blockchain I'd love the update to happen on the platform. Good post from you.
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Great to see more talks on our stable coin HBD. it's use case in this market cannot be overstated. Nice the team has a plan on integrating it into cubfinance. For the hivestats, so loving it features.
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So looking forward to being granted the ability to stake a wrapped version of HBD into a Kingdom on cubdefi. I know this will take a lot of work, but I'm sure you guys will deliver once again.
Keep killing it!
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I believe when there's more liquidity for swaps to and fro, it will be closely stable. HBD is going to bring some great bonds for Hive ecosystem as it matches full power towards DEFI.
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Great stuff. It's not out of context that HBD has not be doing fantastic when talking about stable coin for attraction. It's interesting to know that @leofinance set to leverage on its power and bring in attraction to HBD and from the interview, Khal seems to open pool on CubDefi and wrapped HBD for people to start generating 12% APR Following it's increase from 10%APR to 12% APR.
Happy to hear this interview... Let's get this rolling....
About to see more stability of HBD with extra use case and utilities, people are definitely going to have more reasons to buy and hodl their HBD.
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You can't have HBD on Binance Smart Chain, you need Wrapped HBD to be able to stake/add liquidity/ trade on BSC.
The cool thing is having another way to put HBD to receive more than 12% APR through Kingdom!
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That is true but HBD could be resident on HIVE, earning the interest which is used, in some other combination, to payout for staking in the Kingdom. That is if they didnt want to utilize the bHBD version although I have a feeling that will be created. Why not? It only makes sense.
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They need to create bHBD since HBD can't be used on the BSC.
About using the staked HBD in kingdom to earn the 12% interest, they should be locked in order to benefit from the monthly interest rewards. Or they can add an incentive to Lock HBD for additional rewards.
I really like 12% APR with HBD.
When I have some HBD I put them to the savings :)
HBD has enormous potential, supported by a 0 fee blockchain like Hive. It is necessary to improve the stability of the orezzo so that it is more anchored at $ 1 with maximum fluctuations of $ 0.01
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Great development on the stable coin HBD in particular because it changed the games on hive Blockchain. Indeed the team have a great plan for us in the coming year. Kudos to the team as a whole
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You guys are a joke.
When I was saying to get the HBD to the manner of what you say. I was laughed at by all of ye.
Now you think it is a good idea.
Y'all are 18 months behind thoughts on this.
And now you want to try code stability. There is no need to code stability. But stay thinking inside your box.
Which one of ye is going to rape X amount from the DAO/DHF for a code that is not needed?
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It is wonderful how HIVE is getting better and better, and new projects are being developed for your benefit. I am absolutely sure that the future of HIVE is really promising!
HBD is one of the most promising aspects to Hive's overall potential.
We are going to see the use case rise which, should create need for a lot more HBD to be created.
This is one reason why Hive Bonds is so important. It is a way to get HBD generated while also locking it for set periods of time so that it doesnt overwhelm the market.
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It is really funny how things evolve, a few years ago some were talking about removing hbd because of the peg and wanted only one token.
I share the opinion that it could actually become what will make the difference and make hive shine specially when government start attacking stablecoins that are backed by actual USD.
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Once the January 6 Snapshots are complete, I'm going to put more focus on HBD 🤪🥳
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That's a really great idea !! I didn't think that way ! !PIZZA
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HBD gets new use cases and it becomes stronger than ever. I think 2022 will prove us good or wrong if it really can hold its horses, but if it was to me I would bet on it.
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If HBD is going to be a thing there needs to be hundreds of millions of it.
It wont be a useful stablecoin with a low supply. I tried selling hive into hbd on the marketplace and ended up losing like 5 percent because there isnt enough liquidty
That's true. The SWAP.HBD on Hive Engine is really changing it's price several time a day's you can have 1HBD for $0.70 and wait 10 minutes and have it for $1.30
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This really a nice development,no doubts that this changes will actually make hbd more stable,so definitely hbd will bring more attraction
Stable coins are very important in the ecosystem and I’m glad the Hive blockchain has recently worked on how HBD function. With a better marketing, I believe investors from other blockchains would find HBD interesting. 12% apr isn’t bad at least far better than a few stables coins that I have used.
S/o to cubFinance and its team for wanting to wrap HBd one the platform to function with Kindom feature.
very true an algo backed HBD makes more sense as stability is where the value is. LUNA has already shared their algorithm in partnership with another blockchain as keeping a coin stable is not easy. I really hope the devs on Hive can find a solution.
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This whole HBD revamp is more important than some might think.
The Terra-Luna UST success story, bringing the underlying token from $0.20 to $100, show that this might be indeed the future: Stablecoins related to specific blockchains with real utility and algorithmically stabilized with the base layer token.
As bullish on Hive/LEO as in day one. Good job, guys.
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I had the feeling HBD savings are a good thing. I’m glad I made a right choice. Thank you for the video.
I look forward to more gems with blockchain. I believe crypto is the future with altcoins leading the way as I gather more gems on my non-custodial wallet application from https://atomicwallet.io/, which supports several coins.
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One more great vlog comes blog for all of us. Discussion about HBD was really very a great part of this vlog. It always makes us feel awesome when we see such improvement in blockchain world. I want to hear more good news in upcoming months, for me these are such positive vibes that I need to have. Thanks LeoFinance community admin for spreading such good vibes. I wish more good luck 💖
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You always come up with awesome ideas & improvement for Hive in general. This will definitely be a good plus for HBD if it plays out well. Nice one!
according to you hive will be able to hit how many dollars
At first, I never loved the aspect of pegged HBD at $1 but with the discussions emerging, it's truly a step in the right direction if HBD could become the most sought-after Stable coin.
This is great hearing this,as we have no cause for alarm
Greatly done and thanks for the info boss
I'm happy to have been putting some HBD in saving, that will probably be useful pretty soon !! !PIZZA
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It has become a great interest how HBD could change the landscape going forward.
Providing liquidity should be the main opportunity we should seek with it.
For now let’s create more through 12%.
!BEER
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Sorry, out of BEER, please retry later...
Making HBD a stable coin is a lovely project....
i've done very well from LUNA so this is great news to hear! stablecoins are a lot more attractive to the newbie coming in these digital spaces too.
Wow this is great, so happy for the great changes that’s going on in the hive Blockchain
Stablecoins has an important role to play in the crypto space. Hence, any update that would make the hive-based stablecoin desirable is much welcomed
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Wow..
The mere thought of Hbd in cubdefi is so cool, this is really great for the platform.
I m not sure I get what it means to be wrapped Hbd tho.. But I m totally hyped by this.
Kudos to the team..