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RE: Wen Collateralizing HP For a HBD-Based Loan?
On the other hand, we need liquid HIVE, and enticing HP growth even more may not be such a good idea. It's certainly debatable.
We have plenty of liquid HIVE, but they aren't "visible"... When you check out https://hivebuzz.me/ranking, and sort by HIVE, you will see some surprising numbers... Yes, they are mostly on exchange(s), but still, we have a lot of liquid HIVE out there...
Also, the best proof that we have it a lot are these pumps and dumps that happen occasionally... People have prepared their liquid HIVE for dump... just waiting for the right price... :)
In general, regarding the idea, it would be nice to see another use case for HP, as many people have no idea about the current use cases... and having another "monetary incentive" could push them to accumulate HP...
Hmm, from my observations, most of the liquid HIVE we see on exchanges is permanently liquid on exchanges. Weather it is there to provide needed liquidity, play market makers, or engage into p&d, that's hard to know, other than to observe what usually happens and where.
Btw, can you believe that Bittrex, an exchange that has closed down, still has over 500k liquid HIVE in their main account?
And yet, when liquid HIVE is needed for various use cases (LPs, for example) where it is needed, it's not so easy to find. Or those who have it are unwilling to use it outside the Hive ecosystem or even on Hive-Engine.
But yes, I'd like to see such a use case for HP. Otherwise I wouldn't have written this post.
Crazy stuff... Probably people forgot that they have crypto there... WHo knows how many other tokens they have...
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