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Polygon HBD
PHBD
#
$0.7389
0.00%
24H
Low
$0
High
$0
Tags
0x6d...c7f4
Contracts
Community
About Polygon HBD PHBD
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 Data
Polygon HBD (PHBD) price has decreased today.
Polygon HBD price today is $0 with a 24-hours trading volume up by 0.00%. PHBD price is down in the last 24 hours. It has a circulating supply is 9.99M PHBD coins and a total supply of 10M.
Total Volume (24h)
$19
Market Cap
$7,388,323
Fully Diluted Val.
$7,389,416
CEX Volume (24h)
$1
DEX Volume (24h)
$0
Liquidity
$5,082.09
Circ. Supply
9,998,521
Total Supply
10,000,000
Rank
--
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