Inactive
phbd Polygon HBD
$ 0.7435
0.03% (24h)
0.00001133 BTC
-0.37% (24h)
1,133 satoshies
Market Cap
-
24 Hour Trading Vol
1.2171 $
Circulating Supply
-
Total Supply
10,00 MLN.
Max Supply
10,00 MLN.
Fully Diluted Valuation
7,43 MLN. $
Coin Information
This coin is no longer being updated and is inactive. Its information may be updated in the future, but it is not currently active.
Last updated 05 August, 2024
Info
Contract
pp
polygon pos
0x6d9...fbc7f4
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Polygon HBD Price Statistics
0.7435 $
0.7496 $ / 0.7521 $
1.2171 $
#24819
1.77 $
-57.9%
25 July, 2022, (3 years ago)
0.6362 $
16.86%
24 June, 2022, (4 years ago)
About Coin
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.
What is the highest value Polygon HBD (PHBD) has ever reached?
Polygon HBD (PHBD) reached its peak price at 1.77 $ on 25 July 2022, approximately 3 years ago ago. Presently, the current price is -57.99% lower than this all-time high.
What is the historical minimum price for Polygon HBD (PHBD)?
The minimum price reached for Polygon HBD (PHBD) was 0.6362 $, documented on 24 June 2022, more than 4 years ago. In comparison, the current price is 16.86%, it above this historical low.
What is the fully diluted valuation of Polygon HBD (PHBD)?
The fully diluted valuation (FDV) of Polygon HBD (PHBD) stands at $ 7,43 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of 10,000,000 PHBD tokens. The realization of this FDV might take several years depending on the emission schedule of PHBD tokens.
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