Yes I would say so.. the HBD debt is nearly 60% of the market cap!!!
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Yes I would say so.. the HBD debt is nearly 60% of the market cap!!!
Would an immediate conversion to Hive make a difference? Is this even possible in the current situation?
It is hard to know how such a large conversion would work, but I'm sure it would move the peg quite a bit! At the moment the stabiliser gets 12k hbd per day to defend the peg.
The stabiliser is creating quite some inflation at the moment defending the peg though. This is why I want to look into it in more detail.