Stablecoins need to work on demand. There is no difference between sell for a tether or sell for HBD. The only impacts that happen big time are under 1$.

We should start burn as much as possible on low prices and promote HBD with 10% APR.

Hive into HBD under 1$ is a longer win. IF the demand for HBD becomes higher, the price of hive rises too. The stablecoin market is a multi-billion $ market and we limit HBD to a low million one with this.

With on-demand, HBD could become a stablecoin on other chains too, defi and so on. It could be a big thing.

IMO fee is too high. 5% is way too much.

Nobody pays for yield farm 10% a 5% fee. on 100k it would be a 5k fee... And yes I know we have a market, but only with a total of 6 Million HBD...

0,1% to 0,3% are competitive. if we want a fee. But we don't need a fee IMO.

If we add an onchain defi pool with 10% APR between Hive and HBD that charges a fee for trading, it would remove all outside risks because the liquidity is here.

Because of the fee, the staker / liquidity provider earns additional yield besides the 10%. the fee should be low like on Uniswap.

IMO this liquidity pool could be the backbone of an interchain stable coin. With feeless converting it would allow printing as much as needed. If someone needs 1 Billion HBD, it could be printed and Hive would skyrocket.

To prevent abuse it could be a 3,5days past average and 3,5 days future average. So it would be never the price of a spike. It is very hard to manipulate.

IMO this is a vision for HBD. All other things are more play money like an ingame currency on a videogame.

And some Sidenote: If it would be worth the 5% fee, we would see a massive run into HBD. 10% APR is really competitive.

I see nothing, no whale moves in. Only some people that saves now the author earnings. Wow...