RE: pHBD is 1:1 Backed with HBD On the Hive Blockchain | Mechanics Deep Dive by taskmaster4450le

hive-167922 · @taskmaster4450le · Apr 23 '22

Arbitrage is vital for pegs to hold.  That is why having a pool of liquidity is vital.  We are going to see this LP fill up over time.  It might take a few more weeks to get to $500K.  

Once we have liquidity in there, then we can start to see some more trading activity as people find ways to make money off the move away from the peg.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-behiver-3awivu)

properties (22)

`author`	taskmaster4450le
`permlink`	re-behiver-3awivu
`category`	hive-167922
`json_metadata`	{"app":"leofinance/0.2","format":"markdown","tags":["hive-167922","leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-behiver-3awivu"}
`created`	2022-04-23 19:23:45
`last_update`	2022-04-23 19:23:45
`depth`	2
`children`	0
`last_payout`	2022-04-30 19:23:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	439
`author_reputation`	2,187,897,144,307,395
`root_title`	"pHBD is 1:1 Backed with HBD On the Hive Blockchain \| Mechanics Deep Dive"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	112,566,335
`net_rshares`	0