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RE: Burned tokens, rewards, and inflation summary February 25, 2023: 127K SP, 86K STEEM, and 909 SBD burned in 40K burnsteem25 posts

in #blockchain-metrics • 2 years ago

I've seen several people ask when SBD rewards will start again. I'm glad to see the answer here! I thought it would happen when STEEM is at about 30 cents but seems it's lower than that.

Unchanged from the last twenty weeks is that SBD printing has remained paused. With the present SBD supply, it looks like the median on-chain price for STEEM needs to get back to about $0.252 for SBDs to start printing again.

Thanks for this info!

2 years ago in #blockchain-metrics by
$0.07
  • Past Payouts $0.07, 0.00 TRX
  • - Author $0.04, 0.00 TRX
  • - Curators $0.04, 0.00 TRX
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     2 years ago 

    You're welcome. I came up with that formula a while ago, so I hope it's not mistaken. The longer it goes "untested", the less sure I am. ;-)