RE: RE: The HBD Peg Conundrum
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RE: The HBD Peg Conundrum

r0nd0n(65)
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So "draining" was a bad choice of words, because my intent wasn't focused on the funding. I understand the purpose of hbdstabilizer@hbdstabilizer and it isn't draining money from the DHF, my intent was more about draining the potential of the DHF, the opportunity cost. The argument could be made that having more money in the DHF would raise the potential, but we can't assume these Korean pumps will last forever, they never do. And a retrace can eat away all the potential gains made by selling HBD for HIVE, leaving us right where we started without the added benefit of many of the things that could have been.

I understand the potential for upside on this, but you can't deny any risk as well. If HIVE retraces back, then we'll be looking at trying to get the HBD peg back up, and worse off than when we started.

@r0nd0n: So | Ecency