I see ( no matter who hosts it) a pool with HBD and high liquidy necessary.
I know some people, that want to exchange middle amounts of HBD. its close to impossible ( without really high losses).
That makes HBD really useless as a stable coin.
I hold in the current HBD/BUSD pool 10%.
But even with 100k in it, you cant swap something close to a 1 to 1 rate with low volumes.
Sure it could be handled all by private investors, but I don't think HBD is that good to hold larger amounts without network support.
Risk is high and liquidy is low.
But I understand Blocktrades, it would be a competitive product with network subventions.
IMO benefits overweight, and if not I'm sure we can easily stop funding from one day to another :D
RE: Why you should vote for Proposal 206 and build a bridge to Binance