RE: A Look At Hive’s L2 Hive Engine | Data On HIVE Deposits And Withdrawals
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Can you explain me a bit that if HBL volume increases, how it will be beneficial for Hive platform. I think it will make it stable and people can store their investment in HBD as well to use it later for different purposes?
Your expert opinion on it would be appreciated.
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Where does HBD comes in the first place?
From inflation as authors rewards, but that is just a small amount, the majority of it comes from HIVE to HBD conversions. If users start accumulating hbd it will means more hive converted to hbd transfering demand to hive
Ahh, I got it, so eventually it will lead to Hive demand which will push the Hive Price Up. Higher Hive price means more rewards for everyone and a better hive ecosystem.
Thanks for enlightening me on it.