RE: Some Thoughts On Hive Backed Dollar (HBD)

To me the 10% of Hive market cap limit is indeed arbitrary and bad. No token or DeFi protocol on Ethereum, or any other DeFi blockchain, has such a cap.

If we removed that cap it would unlock the DeFi potential for Hive. DeFi and smart contracts are what we need to ensure we build a platform and not just an app (because Hive to me right now feels more like just a single purpose app)

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