Steem Dollars are Officially Out of 'Haircut' Zone

in #steem-dollar6 years ago (edited)

Screenshot_20190120-084325.jpg

The feed price has risen above the minimum threshold set by the 'haircut' rule. As you can see in the screenshot above, the feed price is $0.35, haircut would be $0.34. If you divide the SBD supply by the virtual market cap, instead of getting 0.09999..., you now get less than 10%

Of course a Steem price drop could bring us back into haircut zone again, but for now SBD is paying out in full again.

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Steemit inc transfered a rather large sum to a digital asset liquidity maker. Im hoping for a slightly better pump than this. SBD is recovering well.

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What good news, let's hope that from now on it will be on the rise. Thanks for the news.

This post has been included in the latest edition of SOS Daily News - a digest of all you need to know about the State of Steem.



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