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RE: QUESTION TIME | How is new SBD created and who determines how much will be made? |

in #steem7 years ago

I heard the default 50:50 is temporarily changed to 3:1 (sbd:steem) at the time when started rising, and this is surely to give an advantage to the users.
Then about some weeks a read a post where author claimed witness has abillity to set pricefor SBD and how most of the witness voted for SBD price for around $8.50. According to that theory, SBD would be around at $8.5 for some time.
But I am illitirate on these things. I could have got it wrong too.

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Could you link me the post you are referring to?

Ok, I'll try to find it :)

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