pHBD is a wrapped version of the HBD token (Hive Backed Dollar on the Hive Blockchain), built on the Polygon blockchain. HBD is the longest standing algo-stablecoin in all of crypto but it has struggled with achieving mass adoption. HBD has a Fixed Savings Rate of 20%, which has solved the demand issue for HBD.
There’s a supply issue with HBD, which is where pHBD and the Liquidity Pool pHBD-USDC comes into play. PolyCUB is releasing a pHBD-USDC vault and we're aiming to drive $5,000,000 in liquidity to it. You can read the full details in our whitepaper at https://docs.polycub.com/mechanics/phbd
This vault is going to change the dynamics of HBD, opening up the potential for HBD to have large levels of supply to support the onboarding of DeFi whales. $5M is just our initial target. In the long-run, we would like to have a great deal more in liquidity to support a much larger influx of users.
Polygon HBD [pHBD] is a token based on Polygon blockchain. The most actual price for one Polygon HBD [pHBD] is $0. Polygon HBD is listed on 0 exchanges with a sum of 0 active markets. The 24h volume of [pHBD] is $0, while the Polygon HBD market cap is $0 which ranks it as 'no rank' of all cryptocurrencies. You can find more information about Polygon HBD [pHBD] on polycub.com
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58.24%
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Development status | Working product |
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Org. Structure | Semi-centralized |
Consensus Mechanism | Not mineable |
Algorithm | None |
Started |
12 April 2022
over 2 years ago |
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Website | polycub.com |
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Asset type | Token |
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Contract Address |
Explorers (1) | polygonscan.com |
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Tags |
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reddit.com |
How to buy Polygon HBD? How can I buy the Polygon HBD coin? Polygon HBD stock how to buy? How to get Polygon HBD?
To find out where you can buy currency Polygon HBD see the list of available exchanges.
Where to trade Polygon HBD?
Click here to see the list of available exchanges for Polygon HBD.
pHBD is a wrapped version of the HBD token (Hive Backed Dollar on the Hive Blockchain), built on the Polygon blockchain. HBD is the longest standing algo-stablecoin in all of crypto but it has struggled with achieving mass adoption. HBD has a Fixed Savings Rate of 20%, which has solved the demand issue for HBD. There’s a supply issue with HBD, which is where pHBD and the Liquidity Pool pHBD-USDC comes into play. PolyCUB is releasing a pHBD-USDC vault and we're aiming to drive $5,000,000 in liquidity to it. You can read the full details in our whitepaper at https://docs.polycub.com/mechanics/phbd This vault is going to change the dynamics of HBD, opening up the potential for HBD to have large levels of supply to support the onboarding of DeFi whales. $5M is just our initial target. In the long-run, we would like to have a great deal more in liquidity to support a much larger influx of users.
Mining Polygon HBD coin
Polygon HBD coin has a consensus mechanism: . You can mint these coins with the None algorithm.
Polygon HBD is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.
What is the value of Polygon HBD coin?
1 Polygon HBD is worth $0.00000000.
To get price and historical data for Polygon HBD coin, use API ID: phbd-polygon-hbd for endpoints at http://api.coinpaprika.com.