RE: Debt Ratio's Impact on the Authors' Rewards on Steem- Understanding the Current Situation

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RE: Debt Ratio's Impact on the Authors' Rewards on Steem- Understanding the Current Situation

phlexygee (64)Beginner[1,2,3,4,5,6,7,8,9,10]in SteemitCryptoAcademy • 3 years ago

So, please per your knowledge and experience, what duration does it take for the dept ratio to normalize?
Thus moving from >10% to <9%

3 years ago in SteemitCryptoAcademy by phlexygee (64)Beginner[1,2,3,4,5,6,7,8,9,10]

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fredquantum (76)memberProfessor 3 years ago

Until the Steem market cap is appreciable to achieve 9% debt ratio again when divided with the SBD market cap. Knowing that the market cap is a product of the supply and price, the only way to achieve an appreciable Steem market cap again is when the price of Steem goes bullish.

This is not a time to sell but rather a time to acquire more STEEM, power up, and adopt 100% power up reward settings again as we contribute to the Steem ecosystem.

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phlexygee (64)Beginner[1,2,3,4,5,6,7,8,9,10] 3 years ago

Noted.
Thanks for the gist.

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