pHBD

Polygon HBD price 
PHBD

$0.7503  

0.00% (1d)

Polygon HBD to USD Chart

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Polygon HBD statistics
Market cap
 

0.00%

$7,503,058
#9229
Volume (24h)
 

0.00%

$0
#9229
Volume/Market cap (24h)
 
0.00%
Self-reported circulating supply
 
10,000,000 pHBD
100.00%
Total supply
 
0 pHBD
Max. supply
 
10,000,000 pHBD
Fully diluted market cap
 
$7,503,058
pHBD to USD Converter
pHBD
USD
Price performance
24h 
Low
$0.7503
High
$0.7503
All-time high
Jul 25, 2022 (2 years ago)
$1.83
-58.97%
All-time low
Apr 11, 2024 (14 days ago)
$0.75
+0.05%
See historical data
Popularity
In watchlists167x
9024th / 9.8K
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Polygon HBD news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About 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.