RE: The Ripple Effects of HBD’s Risk Free Return

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This looks really interesting. So, if I'm reading this right, HBD would be a fantastic place to store gains made in other places. For instance, if we head into a bear market down the road and I wanted to get out of alt coins, HBD could really be the place to store it. Will it actually stay pegged to the dollar?

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In theory yes, perhaps you also pick up price spice on HE coins or something like that you can park your gains in HBD and collect an interest rate. Regarding the peg, there is no guarantee it remains but there is work to keep it in place, but with this interest rate we will have to see how quickly demand picks up for the asset. We must also remember that HBD like its pegged asset is also subject to devaluation so theres that risk also if the USD poops its pants

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