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RE: Never Hold on to SBD! They Are Being Devalued At 583.8% Annually (48.65% Per Month).

in #steemit7 years ago (edited)

This is an interesting idea. We know the STEEM inflation rate from the whitepaper, but not the SBD inflation rate.

You can look at the SBD supply on steemd.com, so I'm guessing this (or somewhere similar) is where coinmarketcap is pulling the supply data from.

My guess would be that they are trying to keep get back to the 1 USD/SBD peg.

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Hi @nealmcspadden

I have looked around on steemd.com but can't seem to find the SBD supply. That site seem to be very messy. I am trying to also determine what the post suggest.

Hi @lyfie

If you go to www.steemd.com and scroll down whilst keeping an eye on the left side of your screen you'll find it.

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Hi @nealmcspadden

Not sure how this is being managed but the inflation rate is really high. I am still trying to find information on how this works but like @onthewayout mentioned.

Eventually there will be so much Steem Dollars that the supply will overtake the demand and the market price will follow suit...

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