@BehiverOnNoiseApp 14 March 2023

Should HBD pegging be moving from $1 worth of Hive to something else? https://leofinance.io/@behiver/should-hbd-pegging-be-moving-from-usd1-worth-of-hive-to-something-else Currently, HBD is pegged to $1 worth of Hive which means that it doesn't have $USD as collateral, but is valued based on the $USD worth in Hive. With the current turbulence in the traditional banking systems which might pull the $USD down significantly, I wonder if the pegging/reference should be moving from $USD to something else. Until now having this formula seemed to provide stability and familiarity for users, as the US dollar is a widely recognized and stable currency. However, if the traditional financial system experiences a crash or significant devaluation of the US dollar, it could lead to value deterioration and even a collapse of the stablecoin pegged or referenced to it.