How much longer until people begin to realize that HBD is not a stablecoin, nor ever has been? It is an algorithmically-altered derivative token. It has no demand in any blockchain ecosystem outside of Hive ($HIVE can at least be swapped over to something else via LeoDEX).

CDPs fail, because they fail to understand what Loan-to-Value actually means.

In fiat finance, you are forced to put up collateral to obtain credit. That collateral usually needs to have a stable store-of-value.

$HIVE is not stable, therefore, the value of the collateral is constantly changing based on minute-by-minute market changes...

What I'm trying to say in kinder words, is that $HBD is not a stablecoin, it's broken, and the underlying collateral is the problem. If you build a house of cards on top of an unstable foundation, you get instability, devaluation, and chronic underperformance.

Your collateral never actually increases in value, it's all purely digits on a screen.

DHF should be investing the Hive Community's money in businesses that produce revenue that lead to value accrual to the investors (Hive). Without that, there's no changing the trajectory.

Hive has been live on mainnet for nearly 4.5 years now. Show me where the adoption is by merchants in the West. Show me where the adoption is by merchants in Europe. Show me where the everyday Joe actually uses $HBD or $HIVE for anything.

Show me where the BUY Pressure is on the $HIVE token. Show me where the lack of marketing DApps hurts the least. Show me where there is any justification whatsoever in allowing a closed-source implementation of code for HBDStabilizer.

If you haven't noticed, CDPs are dying one by one. $USK on Kujira was the latest.

I care about Hive technology, I think it is incredibly value to the world and needs to be used by more people. But I can't get behind the plundering of the Community to benefit those who control the DHF and their buddies.

Oligarchy always destroys itself, sooner or later, there won't be any new users to extract value from, and then what?

I'm sorry, but I just don't see how Hive technology achieves mass adoption