RE: The HBD Stabilizer seems to be doing its job nicely, very nicely!

in #leofinance2 years ago

When you compare HBD's stability to SBD, its starkly apparent how important a stabilizer is to the ecosystem at large is. The picture is old, but SBD's contraption of a stabilizer didn't do jackshit to protect it from volatility. HBD had a slightly more sophisticated one at the time.

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I did a post explaining how smooth's stabilizer works, with flowcharts, here.

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I wouldn't go anywhere near SBDs... I'm wondering how the Steem price and the whole ecosystem isn't just falling apart, I guess old habits die hard.

Those are some nice flow charts!