RE: Luna stablecoin 0,94$

uh, I fully agree.

The know-how comes more from the breaking point and not the mechanic. We can see live where the points are.

Billion Dollar know-how comes into place to prevent such catalyst points to build scaleable mechanics that come into place.

Billion dollar funding does not necessarily translate into billion dollar know-how. We'll see what happens there.

100% agree and i would bet there was no 1 billion dollar funding, even less to start the ponzi cycle.

The interesting part IMO comes what will be the point ( -20%?) investors sellout no matter what.

Could insurance with another stablecoin ( depending on volume) help to stabilize and so on, where to trigger?

If insurance big enough, trust would be big enough?

This is the Billion dollar know-how for a working algo coin.

Real market data is much more valuable as theory. I think we all knew terra is a ponzi :D

Edit: Also to increase slightly print mechanic.

Btw another idea for an insurance mechanic that doesn't affect inflation that hard.

if hive 1$, HBD will always be convertible to hive.

From range 1$ to 0,20$. At 0,2 insurance trigger and is only tradeable to another stablecoin.

I dont did the math. Not for lower or higher numbers.

But the idea is to limit inflation in a worst case + provide security.

There are some other parameter like total HBD + hive MC. but that could work with more thinking about.

Like a 20% rule. So there would be no reason for a super panic sell.

Maybe with some other mechanics. Luna will give insights i think

Edit 2:

Another idea what if hive would build a DAI version + HBD + Mechanics.

And thinks secure each other. I also did no math here.

A Collateral version to peg could open more ways to stabilize.

I look at pools where the overpays happen for other coins. This is the magical insight we need.

We don't have flash loans but even if we did there are so many ways this attack would not work on Hive. For example, DHF only pays out a maximum of 1% per day, and only 1/24 of that in a single payment. The most you could pull out with malicious voting is about 0.04%. But you can't even do that because you have to power up to vote, and it takes 12 weeks to power back down (making it impossible to repay a flash loan). And even then you don't even get to vote for 30 days after powering up.

It's amazing how these well-funded projects manage to get so much wrong compared to a no-external-funding community project (Hive).

yup. Time is king.