RE: RE: HBD Partial Insurance with BTC - Proposal to Print 1M USD of Hive
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RE: HBD Partial Insurance with BTC - Proposal to Print 1M USD of Hive

urun(69)
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but would it be not smarter to buy another stablecoin to back it?

For example 500k usdc and 500k busd ( or other, but not algo).

I mean that would really stabilize HBD and the funds could be used at some time to add liquidity on a pool.

No upside potential, but no downside. We dont need to stabilize HBD in an uptrend to hold 1$ value.

Is more if market crush and hive is worth nothing again and HBD starts to struggle again too.

IMO would be more word as a "emergency fund".

My understanding of " emergency fund" is something we can use in bad times.

But maybe I'm wrong, who knows.