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RE: Steem - Can the SBDpotato initiative really fix the SBD peg?
Interesting short term solution, although it does nothing to stop sbd from going above $1, which is just as big a problem.
The obvious long term solution is to allow users to create and destroy SBD just like the MakerDAO does with DAI and ETH
That is where burnpost comes in.... :)
https://steemit.com/@burnpost
Yeah it does a little. It is similar to @sbdpotato in that it is better than nothing even if it doesn't solve the problem on its own.
But yes, I agree we need a better long term solution for maintaining the peg.