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