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 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.
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Market Stats
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Additional details
Market details
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Polygon | 0x6D969cEA201e427d2875724Fd4E8044833fBc7f4 |
Price history
Time | Price | Change |
|---|---|---|
Today | ARS 40.86 | NaN% |
1 Day | ARS 42.12 | 0.00% |
1 Week | ARS 40.30 | 0.00% |
1 Month | ARS 37.23 | 0.00% |
1 Year | ARS 836.46 | 0.00% |
Coinbase insights
Recent trends
The latest pHBD price is ARS 40.86.
FAQ
We update our Polygon HBD to ARS currency in real-time. Get the live price of Polygon HBD on Coinbase.
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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