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If the HBD market cap is more than 30% of the market cap of HIVE, the debt limit as it is called here, than HBD is no longer valued at $1 from the blockchain when converted to HIVE.
If the HBD market cap is more than 30% of the market cap of HIVE, the debt limit as it is called here, than HBD is no longer valued at $1 from the blockchain when converted to HIVE.
RE: Exploring the Sustainability of the HBD Interest Rate in the Hive Ecosystem | Realized and Projected Inflation From HBD Interest| Dec 2022