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Because if HBD is higher than 1,05 people can burn HIVE to mint HBD with a profit (bringing downward pressure to HBD and the price back to 1$).
Because if HBD is higher than 1,05 people can burn HIVE to mint HBD with a profit (bringing downward pressure to HBD and the price back to 1$).
RE: @lazy-panda now with more than 1M HBD in Savings