RE: Hive Island and the Crypto Space

what happened to the wrapped HBD

I just saw its price. Any idea why? I wonder why arbitrage doesn't kick in.

I also think that ETH is unusable with its gas fees, why do we need a bridge there?

Because it's Ethereum, the mother of all EVMs and with huge liquidity there, and it has direct pairs to fiat too. I wouldn't expect much usage coming from Hive, but how about the other way around?

Perhaps a bridge to SOL might be useful?

Yep, why not? It's the second cycle and there is still hype around it.

We already have the v4v app to bridge us to lightning and bitcoin.

That works for low amounts, not higher.

For everything else, you can already send tokens to the Hive engine, so it is already a bridge of sorts.

Yep, I guess that's an option. But we haven't seen much development of HE lately and bridges often go down, many times for reasons unrelated to the HE team, but they still go down.

If Hive can offer swaps on ThorChain for example, that might be worth pursuing.

Yeah, that's what Khal said they will pursue. The eternal question is... wen?