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RE: SBD is broken, why not just remove it?

in #sbd8 years ago

I doesn't correct itself naturally because the pegging mechanism doesn't work. It lacks a proper feedback loop to print more SBD according to the demand. SBD demand doesn't have any direct feedback mechanism to encourage more supply.

Total SBD amount is directly linked to the price of steem. To fix the mechanism, it should be directly linked to the supply and demand of SBD. That's the way to achieve price stability.

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