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RE: STEEM needs you to help saving our Stablecoin from Inflation.

in #steem • 5 years ago

while SBD < USD(Right Now is about 0.64 SBD for 1 USD)

  • Exchange x STEEM for SBD in the internal market for it's internal market value(about 0.20 SBD for 1 STEEM);
  • Convert all that SBD to the proportional STEEM value. The system uses average USD to do the conversion(about 0.12 USD for 1 STEEM);

In other words, you are selling STEEM for ~20 cents a unit and buying back for ~12 cents a unit. Since 12 < 20 then profit.

But stop as soon as SBD stabilizes again after reaching a dollar for every unit.

5 years ago in #steem by
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