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RE: SEED Holdings report #19 - Extended review of all assets
Think about the VOUCHERS of the Chaos Legion, if that helps.
I like the convertible bond concept. HBD is a convertible bond that can be redeemed for $1 worth of HIVE (for each HBD) in 3 days time.
More APR on HBD savings => More HBD => Closer peg => More reliable stablecoin (because closer peg) => more market participants => More demand for HBD => Increase of marketcap of HIVE
Couple this with more "sinks", providing more use cases, and we see could see things taking off.
That was why I started to toy around with the idea of Hive Bonds. Get more HBD produced yet feed into the stability of the token. This will help a great deal.
The bottom line is we need 10 billion HBD to be considered a legitimate stablecoin. We are not going to get that from 2.3 million HBD locked into savings at 12%.
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Just read that idea. very interesting!
everything resumes about ''print more HBD'' to be able to play in bigger leagues.
Everything else falls alone in place if the first becomes true.