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RE: SBD Potato 2020/01/25 #1
Thank you so much for the explanation. So instead of looking at the ratio. I should be watching the amount of SBD ?
Thank you so much for the explanation. So instead of looking at the ratio. I should be watching the amount of SBD ?
Both are significant but ratio (and STEEM price) has a lot more short term volatility.
Another perspective on the numbers is that the lower the SBD supply goes, the lower the STEEM price needed to restore the peg. Currently it is about 19.5 cents.