To do that we need to add some value and utility to them. We could create buy walls for them, but I'm guessing that doing that would require quite a lot of SWAP.HIVE. π π π β¨ π€
!WEIRD
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Such "buy walls" would bring us to the problem of where to obtain the funds for SWAP.HIVE !INDEED. π€πΈπ€―π€―ππ
!WEIRD
!HOPE
!PIZZA
Yep, that's why we haven't tried to create them yet. π π π β¨ π€
!HOPE
!INDEED
!PIZZA
!WEIRD
It looks like you have a similar obstacle to @pepetoken providing (15%) APR to its PPDLR token (after staking of the token is enabled). π€―πΈπ€
!WEIRD !HOPE !PIZZA !ALIVE
In a way yes. While providing 15%, or some other amount of APR to the PPDLR token would simply add to circulation and upholding that value would be up to consensus and choice of token holders. !BBH !UNICOIN !ZOMBIE
I !HOPE that you have a mechanism similar to converting between HIVE and HBD for your PEPE and PPDLR tokens, such that $1 worth of HIVE can be burned to receive 1 HBD after 3.5 days, and 1 HBD can be burned to receive a total of $1 worth of Hive also after 3.5 days. π§ββοΈπΈ Perhaps @tydynrain could insert his own ideas here! π !LOLZ
No. Don't think the burning aspect is as important. Anyone may swap between PEPE and Pepe Dollar(s) as they value and choose to do so. !BBH !UNICOIN !ZOMBIE
I !HOPE that we learn something from how BEED (Bee Dollar) tokens on #HiveEngine can be obtained simply by burning BEE (the native token of Hive Engine). πΈπ€ !INDEED !PIZZA !HUG
Yes. The contract was inquired about that does this. Don't recall hearing further however. Believe it was @alohaed who had asked about this a while back. !BBH !UNICOIN !ZOMBIE
Anyone can also swap between HIVE and HBD instantly, though what I was referring to was the conversion process (which involves burning tokens) !INDEED. πΈπ€―π !LOLZ
Yes. This had been mentioned in the past. With allowing for freely exchanging in the pool. Some amount could also be burned. !INDEED !WEIRD !ZOMBIE
I don't really have anything to say on this at the moment, honestly. π π π β¨ π€
!WEIRD
!ZOMBIE
It looks like creating a stabletoken under your "Maximum Mutual Benefit" umbrella project would still take a long time to materialize! π€―π
!WEIRD !INDEED !HOPE !PIZZA
Perhaps, perhaps not. We haven't discussed a stablecoin yet. π π π β¨ π€
!HOPE
!INDEED
!PIZZA
!WEIRD
Building and growing projects, and adding utility and value to tokens, has many challenges and obstacles, but they're all surmountable. π π π β¨ π€
!ALIVE
!HOPE
!PIZZA
!WEIRD