RE: My Hunt for HBD | Providing HBD Liquidity on pHBD-USDC is The Smartest Thing You Can do to Moon Hive
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The overvaluation won't be permanent. It'll persist as long as it takes to create "enough" HBD to satisfy demand and then it will settle back to $1, which is ideal for other use cases. This is a transitional effect. At larger scale where traders will work on smaller margins, we can get by with less overvalation, maybe 1.0001 or such.
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thats true but i would wish for HBD a "on demand" idea. Something like a loan or whatever.
So if needed we can print 10 Million without directly influencing inflation.
Or a sister coin like USD-Hive that is a DAI copy. Something like that. So HBD can be HBD and we have something "different" too.
I mean many horses are not that bad :P