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RE: Convert SBD to STEEM option has been re-added to SteemLiberator's Condenser

in #development7 years ago

Great to have a conversion option back on a front end again, thanks. An important thing to remember is that this only really works to our advantage when SBD is $1 or less, and the STEEM Price is fairly stable.

The profit really comes when SBD is under $1, and you expect the STEEM price to drop over the next 3.5 days, and SBD to stay below $1.

The good thing about conversion is that it is effectively burning the SBD away, rather than transferring the debt to someone else.