SBD Printing Again
So after the USD price went and sat up over 35c for a few hours earlier today, that pushed the SBD print rate back up. It's currently at 65% and that means that if you have your rewards set at 50/50 you'll get half in SP and the liquid half will be two-thirds SBD and a third STEEM.
If the feed price continues to rise that proportion will go up some more. Again, I still haven't found out just how the print rate goes up since HF20.
The thing I forgot to say the other day was to note that the feed price is vulnerable to shifts in BTC. STEEM is going up against BTC but BTC fell something like $150 today and that has taken the feed price lower again. There's always the danger that BTC is on it's way down, you know there are plenty of people waiting to buy it at $2k...
Ah well, it makes it a bit more interesting than when it's just plain ol' STEEM. Now you need to make decisions about when to HODL SBD and when to liquefy that thing.
Is this the reason why I haven’t been receiving any steem dollars? Thanks mike
yes, when the STEEM price drops below a certain level, SBD is no longer included in the rewards. At the moment, that level is around 35c. I used to understand better how it works but it changed in HardFork20 and i haven't caught up yet.
Well that answers a question I was wondering what was going on ,nice one mate. Thanks mike
The first thing I did when I saw this was exchange all of my SBD for STEEM... hopefully that was the right move to make!
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yeah, it's hard to know what's best at any one time and it does depend on what you want to achieve :)
Great!! I love that SBD
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