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RE: And so it begins...(?)

in OCD5 years ago

If I am not mistaken, SBD will start being printed again the moment STEEM crosses the $0.23 mark.

The printing of SBD has not stopped since the last hardfork (althought at a slower pace). Remember that the SPS pays out in SBD -not in steem- and there is no failsafe.

The point where the blockchain starts printing SBD as rewards is when steem hits the 0.19617 price but it only pays 100% if the median price feed gets to 0.218 (with the current supply).


Posted via Steemleo | A Decentralized Community for Investors
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Thanks for the clarification. I meant to write as a reward token...obviously skipped it, along with the median price of course.

So it's ~ $0.22 instead of $0.23.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.028
BTC 71218.74
ETH 2484.92
USDT 1.00
SBD 2.40