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RE: How SBD peg actually works OR How the @sbdpotato conversions won't affect SBD price

in #sbdpotato • 6 years ago (edited)

And 200k/7M is 2.8%, wich isn't insignificant if you consider that the external market debt ratio is around 0.5%-2% over 10%.

The 2% (over cap) is a percentage of the total Steem market cap not of the amount of SBD, so these are different numbers. In fact about 20% of SBD needs to go away to get back to the cap and SPS is only 2.8% of SBD.

6 years ago in #sbdpotato by
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