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RE: SBD at .0025 BTC?? How is this making any sense? I explain what happened with the pricings today

in #steem • 8 years ago

This might explain a lot and also the fact that liquid Steem is going to only one person? Is the internal market the only market which can create Steem Dollars?

8 years ago in #steem by
$0.09
  • Past Payouts $0.09, 0.00 TRX
  • - Author $0.07, 0.00 TRX
  • - Curators $0.02, 0.00 TRX
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     8 years ago 

    The only mechanism in which SBD are created is through Author rewards. SBD are destroyed when authors choose the 'convert to STEEM' option, too.

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