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RE: A Little Something About SBD
Great post, the only thing I think you got wrong is the median is a 3 day median rather than the median of the 20 price feeds (though it might also be that too - I don't think that's the important part), this is why the STEEM market moves, then post rewards react slowly over the next few days - without this, post rewards would be extremely volatile.
Thanks! I agree that is an important point. I mentioned the day averaging in the next section so I think I covered it. The median of the witnesses is also happening on top (well before the day averaging)