Hive users all know about HBD which is the native stablecoin of the blockchain, built to hold and be pegged to the $1USD value.
Most of us doubt if the HBD would be able to maintain the value it is pegged with, but I believe it has been doing well and sometimes it surprises us by rising above the $1USD price.
Why you should know more about HBD
The HBD has a mouth watering 20% APR, which is one of the highest you can get for your investment in the crypto world so far.
It is not just about knowing the benefits only, you also have to know what backups and maintain the benefit also.
Before making your investment you have to consider know more about what you are investing on and that is why one of our users came up with hbdstats so that we can get more information and data about HBD.
HBDSTATS
hbdstats was created by @dalz as supported by witnesses to give you more information about the HBD(Hive Backed Dollar).
The site is easy to navigate and you can get lots of information and data that is important to the Hive blockchain.
Informations you can find on HBDSTATS
Debt
The first information you find in the site is the Debt of the HBD. You find a radar ticking in percentage. The debt needs to stay below 30% for HBD to be valued at $1, that means if it rises above that percentage then we should expect the value of HBD to drop.
Hive Debt Support Price
The Hive Debt Support Price is currently at $0.070. This is the Hive price that supports the current HBD in circulation.
Hive Feed Price
Hive Feed Price is currently at $0.301. Hive Feed Price shows the 3.5 days historical median price for Hive used for HBD to Hive conversion.
Hive Market Price
You will also find the current market price of Hive on the site.
HBD Supply Excluding The DHF
This is the full supply of HBD excluding the DHF(Decentralized Hive Fund). This supply changes but it is currently at $10,934,444.
Hive Market Cap
The current Hive Market Cap is $157,368,330. The Hive market cap is used for debt, calculated from the virtual Hive supply and the feed price.
HBD in The DHF
As it stands we have $21,831,286 HBD in the DHF. The HBD in the DHF is locked token which is only released on voted proposals at a maximum of 10 a day.
HBD Supply Excluding The DHF
This is the total HBD supply including the HBD held in the DAO/DHF. we currently have $32,765,731 in supply.
HBD Balance in Savings
The is the amount of HBD this is in savings. You get to know the total amount of HBD that is in savings with time.
Hbdstats just started and with time more and more informations
and data will be added to the site.
What are you waiting for go and check hbdstats.com and keep yourself updated.
All images were taken from hbdstats.com
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Thanks for sharing this infoemation about hbdstats! I had never heard of this site but it looks really helpfull!
Tyvm!
Great article!