It doesn’t do enough. I’m just telling the truth. It’s not stable. Going from 100% plus moves to 7% isn’t making it a stable coin. It needs to be .99-1.01 or bust. But also there’s no backing to it and the process to control volatility hasn’t been tested much at all. It’s been weeks. I love this place so I’m definitely not bashing Hive platform🤟
But I am calling it like I see it. HBD like steem b4 it isn’t stable and hasn’t been yet any given week. New users are t going to care if it’s said we’ll used to be way worse so don’t worry it’s down 8% cause it used to be 80%.
It’s not what it’s supposed to be. And the volatility will get worse again the way it’s structured