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Can HBD challenge Terra LUNA stablecoin with its increased APR?

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jogger
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HBD is the Hive stablecoin and the APR was just increased from 10% to 12%. There are proposals in the community to rise it higher up to 20% to challenge the most successful stablecoins in the crypto space. Thus, there is only one question to be answered and commented upon.

Can HBD challenge Terra LUNA stablecoin with its increased APR?

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