Loading proofofbrain-blog...

RE: RE: Will HBD Regulation become one result of the LUNA UST de-pegging disaster ? 👀
You are viewing a single comment's thread from:

RE: Will HBD Regulation become one result of the LUNA UST de-pegging disaster ? 👀

RE: Will HBD Regulation become one result of the LUNA UST de-pegging disaster ? 👀

Hive has been taking steps to being more and more like Nushares and Nubits. The long powerdown time kept voters conservative in monetary policy. By shifting from the long half year power down, voters don't need to think so long term. Still voters should be wary of allowing HBD to go above 30% of combined marketcap. What happened to all of that demand for UST overnight? It was all hot money.

There is too much supply side economics around HBD. If many people want HBD its price will rise and the pegging mechanism will correct that up to the allowable amount of HBD. Terra and Luna followed Nushares and Nubits, perhaps its time to get out of HBD.

H2
H3
H4
3 columns
2 columns
1 column
11 Comments