About 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.

Polygon HBD [pHBD] è un token basato su Polygon blockchain. Il prezzo più attuale per uno Polygon HBD [pHBD] is $0. Polygon HBD E' quotato su 0 exchange con una somma di 0 mercati attivi. Volume 24h di [pHBD] è $0, Mentre il Polygon HBD La capitalizzazione di mercato è $0 Il che lo classifica come 'no rank' di tutte le cryptomonete. Puoi trovare maggiori informazioni riguardo Polygon HBD [pHBD] su polycub.com