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RE: Question about SBD print rate...

in #steem3 years ago

That's not quite how the system works... It works by printing SBDs when the debt ratio of SBDs to the market cap of STEEM falls under 10%. So, in order to figure out what price that is for STEEM we need to figure out whether we use the total steem supply or the total virtual steem supply... of that I am not sure

Coin Marketplace

STEEM 0.04
TRX 0.32
JST 0.090
BTC 62514.68
ETH 1760.52
USDT 1.00
SBD 0.39