Polygon HBD $PHBD

$1.022

Network: Polygon Smart Chain (MATIC)

MATIC-smart-chain-logo

0x6d969cea201e427d2875724fd4e8044833fbc7f4

  • coingecko-logo
non-renounced-ownership-token

Ownership

non-audited-token

Audit

non-liquidity-lock

Liquidity

Emerald

Emerald ?

      Status:

  • listed

    1. Votes for listing: 

  • 500/500

    1. Total Votes: 

  • 1,975

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What is 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 ) price today is $1.022. PHBD price is down 0 % in the last 24 hours.

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VOTE RANK LIST

Rule get rank vote on CoinAlpha

❖ Rank Red Beryl : 500 - 999 votes.

❖ Rank Emerald : 1,000 - 1,999 votes.

❖ Rank Ruby : 2,000 - 4,999 votes.

❖ Rank Pink Diamond : 5,000 - 9,999 votes.

❖ Rank Jadeite : 10,000 - 19,999 votes.

❖ Rank Blue Diamond : > 20,000 votes.