You have probably read the tweet of a (very little influential) user regarding HBD, which he considered a scam, which resulted in a united response from our community in defense of the stablecoin. The main problem is the misinformation that generates fear and fear, mindful of the Terra affair, in which UST also had a 20% annual return but the logic behind that mechanism was profoundly wrong and without any defensive tool against massive attacks on the stablecoins. Furthermore, behind UST and Luna there was a certain bad faith on the part of the creator, which generated a series of reactions from parts of other communities, and in the end the whole Terra project died.

![image.png](https://files.peakd.com/file/peakd-hive/claudio83/23z7dCoT3FBxA3rTCWuDV4pJoArSsC6qganKyFquTKwrDh5MVFKVVMDMXTj1j6hDkX5hx.png)

HBD has a decidedly different history and the defensive and control mechanisms behind it protect the stablecoin from bad actors or from possible sudden collapses.

### Haircut

The first check of the stablecoin is precisely a check that the blockchain carries out on the marketcap of $HBD and $HIVE: if the HBD marketcap grows to such an extent that it becomes 30% of the market value of $HIVE, the blockchain stops producing $ HBD as rewards, in order to avoid the same situation verified with LUNA and UST. This can never happen with $HIVe and $HBD.

### Pickup time

Holding HBD in savings yields an APR of 20% for investors. UST collapsed because without any warning hundreds of millions of coins were dumped on the market. The withdrawal of $HBD requires a handling time of 3 days, the time necessary to verify that there are no malicious acts behind the massive movements of the stablecoin.

### HBD stabilizer

An additional control tool has been created and it is the HBD stabilizer. The bot works tirelessly to convert $HIVE and $HBD of the @hive.fund wallet in order to secure the peg of the stablecoin. A fundamental action of self-control worth $HBD!

At the moment the only difficulty for HBD is the extremely low market cap compared to other stablecoins but for this very reason the expansion process guaranteed by interest, albeit at 20%, will take tens of years before reaching the market cap of USDT and BUSD for example .

The information would have silenced any allegations against $HBD. Study, study, study.

![image.png](https://files.peakd.com/file/peakd-hive/claudio83/AJboNLo7SWWHLUuvgVbQoTVQNDFcqcoLXXXtxFXcBvN8frhVQEfLVqf5NjJ5m94.png)

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