It remains an algorithmic stable coin that fundamentally isn't really backed by much. It all works until it doesn't anymore as seen with what happend to Terra Luna. Just speaking for myself, holding HBD to get the 15% APY feels like picking up pennies in front of a freight train.

All this said, I still very much enjoy Hive as a platform and hope there will be a time when a real bull market and some crazy adoption takes place. It's nice to see many new names recently.