You are viewing a single comment's thread from:

RE: Introducing SBBank: Earn interest on your Steem Dollars with SBD term deposits

in #steem7 years ago

Doesn't this discourage powering up? Even tho powering up has a similar/greater APR? I understood that gains for STEEM were at 9%... is the fact that you are putting the money in SBD the only difference/advantage? If so wouldn't enough people investing in SBBank worsten the problem STM is having holding value as a token?

Sort:  

It's hard to say - you can get much better returns by powering up and delegating via @MinnowBooster for example. On the other hand, STEEM is a very volatile asset and has been on the rocks for a while, SBD offers relative stability and security.

We're all for powering up - this is a 100% STEEM POWERED post after all :)

Coin Marketplace

STEEM 0.20
TRX 0.19
JST 0.034
BTC 91309.99
ETH 3150.55
USDT 1.00
SBD 2.89