RE: Data On HBDStabilizer | HBD Received And Sent To The Hive.Fund
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I'm pretty curious about the actual price effects on HBD. The whole scheme only works to bring down the market price of HBD if the HBD that is sold on the internal market makes its way into the Korean exchanges that were the sources of the pump. The entire idea is to make arbitrage profits from Korean (or whoever) traders on external exchanges.
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Yes it needs arbitradge and most likely it is happening, otherwise we will see a hbd to zero on the internal market, with such a low liquidity.
Might take a look at the data for hbd transfers.