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bHBD is a wrapped version of the HBD token (Hive Backed Dollar on the Hive Blockchain), built on the BNB Smart Chain 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 bHBD and the Liquidity Pools bHBD-BUSD and bHBD-CUB come into play, providing liquidity to the HBD market on the Hive Blockchain. bHBD is backed 1:1 by the native HBD token on the Hive Blockchain and it's meant to provide liquidity to create an onramp and offramp solution for users to flow in and out of the Hive Ecosystem, while earning yield in the form of CUB tokens in the process.
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- Can you explain the benefits of using bhbd for online transactions? How does it compare to other cryptocurrencies?2021-12-24
- I want to buy bhbd with fiat currency, but I'm not sure how to do it. Can someone guide me through the process?2021-12-24
- I recently purchased bhbd tokens and I want to make sure they are stored securely. What are some recommended methods or wallets to securely store bhbd tokens?2021-12-24
- I'm interested in investing in digital currencies like bhbd, but I'm not sure where to start. What are the best ways to invest in these types of currencies? Can you provide some guidance on how to get started?2021-12-24
- Can you recommend some popular digital wallets that support bhbd? I'm looking for a secure and reliable wallet to store my bhbd tokens. It would be great if the wallet also has a user-friendly interface and supports other cryptocurrencies as well. Thank you!2021-12-24