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RE: A new Stable Coin on Hive-Engine

in #tribes3 months ago

It will be interesting to see if it can stay stable. I don't trust it as much as HBD though. It reminds me of how CENT wanted to be priced near one cents but it couldn't maintain it. I think it depends on how they plan to maintain the price.

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I honestly wonder how the peg will be kept. I can imagine that through price changes in the swapping mechanism and buys on the diesel pool, it could be managed quite well on autopilot.