# Polygon HBD (pHBD)

> 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.

## Price Data

- **Current Price**: N/A
- **Market Cap**: N/A
- **Fully Diluted Valuation**: N/A
- **Circulating Supply**: N/A
- **Total Supply**: 10.00M pHBD

## Price Changes

- **24h**: N/A
- **30d**: N/A
- **90d**: N/A
- **365d**: N/A

## Chain Availability

Available on: polygon

## Resources

- [Website](https://polycub.com/farms)
- [Discord](https://discord.gg/juKmmafx37)
- [Coingecko](https://www.coingecko.com/en/coins/polygon-hbd)

## Links

- [View on Zerion](https://app.zerion.io/tokens/pHBD-9b089218-92bc-4f9d-8f8a-8776b655ae3c)
- [Trade on Zerion](https://app.zerion.io/tokens/pHBD-9b089218-92bc-4f9d-8f8a-8776b655ae3c)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset