Should We Revert to Previous SBD Print Rate?
Should We Revert to Previous SBD Print Rate?
When the Virtual Steem behind Steem Dollars values at 10% of the internal Market Cap (MC), the amount of Steem payed out per 1 SBD in conversions is capped to where SBD represents 10% of the MC exactly. This amounts to a "haircut" for SBD conversions.
Before Hard Fork 20, if the total Virtual Steem locked behind SBD represented more than 2% of the MC, liquid payouts would be made of a mix of Steem and SBD. After 5%, payouts would be entirely Steem.
After Hard Fork 20, liquid rewards pay out fully in SBD until 9%. Between 9 and 10% it is a mix, and beyond 10% payouts are Steem fully.
- Yes - Revert to previous limits
- No - Stick with current limits
- No - Change limits to something else (describe in comment)
Answer the question at dpoll.xyz.
Voted for Yes - Revert to previous limits.
I'm not logged into SteemConnect to vote officially, but I suspect the change to inflate the SBD supply was influenced by the SBD doom when they were trading so far over $1 during the crypto boom.
Voted for Yes - Revert to previous limits.
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Voted for Yes - Revert to previous limits.
Yes! Revert to previous limits.
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Voted for Yes - Revert to previous limits.
Voted Yes - Revert to previous limits.
Voted for No - Stick with current limits.
Voted for Yes - Revert to previous limits.