SBD price now 78 cent.Thanks to @sbdpotato .

in OCD5 years ago (edited)

100% beneficiary of author on this post will go to @sbdpotato account. At first i was confused about them.I thought that formula will not work.But have you seen today sbd price? Now sbd rate 78.51 cent.Just only one month ago sbd rate was 57 cent.So, that formula proved success. @acidyo @ocdb @ocd @theycallmedan also support them.Sbdpotato motto is make sbd 1$ again. We all steemians want to increase sbd and steem price. All steemians has steem in own account.Some of them stored sbd also. Our author beneficiary also depend on steem peg dollar. Now we all steemians become happy to see sbd price rises suddenly.

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How sbd potato works?

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Total daily rewards of sbdpotato post used to buy sbd in internal market.Then they convert it to steem.By this way they are reducing sbd supply.Those converted steem will again use to buy sbd more. Rinse repeat. So, they are doing this formula again and again.They are basically trying to reduce sbd supply. We know if supply is low than demand then price must be go high.I observed sbdpotato work last one month.It becomes now a successful mission.

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please see this picture, they set maximum pay out 25$ per post.They are taking this rewards with @likwid account.That means they are recieving whole author rewards to liquid steem. They are not storing steem in their account. Those rewards they use to buy sbd through internal market.You can upvote them to their comments under post of @sbdpotato.

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If i am not wrong, @burnpost also following the same formula for reduce sbd supply.We have to support both of them.They are doing really a good work.

Why we upvote all post of sbdpotato?

You can upvote anyone post which you think eligible to get upvote. In steem ecosystem, author will get 50% and curator will get 50%. So, if you upvote anyone you will get 50% curation rewards. Here is also same law.If you upvote sbdpotato post, you also get back your 50% curation rewars.But full author rewards goes to sbdpotato account, which they will use to buy sbd through internal market.

Main thing is to upvote sbdpotato, we are supporting reduce sbd or burn sbd indirectly. We just help them.They are doing their work for helping everyone.

why we have to set some post beneficiary to @sbdpotato?

We are a strong community. I can not rise sbd price alone.Individually it is impossible. If we work as a community then it will be easy for us.You can set your post beneficiary to @sbdpotato 10%, 20% or 100%. It totally depend on you.Just go to advance setting.

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click add account. put the name sbdpotato and set them 100% or any thing you want to give them.

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This is @acidyo post about sbdpotato. He wrote nicely. He share his experience about sbdpotato.

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He also recomonded to set post beneficiary to @sbdpotato.

Do we have any benefit?

Yup.Whole benefit goes to steem community.All steemians will get benefit from this formula. We know we are getting author rewards for our highly effort valuable post.

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Look at picture above. The top post of trending already get 75.91 dollar post rewards.But that is not us dollar.That is steem pegged dollar. Now steem pegged dollar rate 78 cent.Once upon a time it was 14 dollar. If sbd dollar rate go to 5 dollar. Then that 76 dollar will become to 444 dollar. So, that time any author post get same type of upvote then he will earn 600% more. That is the difference.

We have to make sbd price above 1$ or as much as we can. It will be highly profitable for us. It will boost our author earning. It will boost our curation rewards also.

I just share my opinion. Every steemians has own goal and own view.So, if you think it is good project and you want to join and support them then you must upvote all sbdpotato post.If you want then set your post beneficiary to @sbdpotato account.

Thanks for read my article.

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