SBD Rewards Are Back, SBD Printing Rated Increased To 33%
As a result of the latest increase in price, which affected not only STEEM, but SBD as well, the consensus on the SBD printing rate has changed again. At pixel time, SBD was trading for $0.97, which is very close to the peg, so the printing rate was increased to 33% from 1%. Increasing the printing rate will increase the supply and that, theoretically, should stop the price from rising too much. That's how the pegging mechanism of SBD is enforced, anyway.
Another nice consequence of this increase in printing is that the rewards in SBD are back, as you can see from the screenshot above, taken from steem.supply. If you want to know how rewards are calculated on STEEM blockchain, have a look here.
Steem on!
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |
Hi @dragosroua , i nominated you to be part of the @steemalliance
https://steemit.com/steem/@steemalliance/steem-alliance-takes-shape-or-a-steemit-backed-community-governance-organization
Thank you, really appreciate it!
@dragosroua,
Yeah this seems to be a good news for all of us!
Cheers~
Nice , i didn't get sbd for long time
Hey my friend... these are really good news and at the same time bad news...
Why is that true....
For steemit blockchain and steem lovers... it is a very good news.
For the greedy rich members whom are harvesting daily intrest rate of their high balance of steem . it is bad news ....
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For those of us that have been here for a while we all know that SBD price never sits at $1 lol
Steem supply has always been cool. Any way of checking the top 100/1000 wallets on steem as steamwhales no longer works? thanks
As far as I know there is no direct way to do this. Maybe a SQL service out there can implement it as a simple link?
Why raise the Printing of SBD Now @dragosroua why not wait until oh lets say $1.10 to $1.20 on SBD ??
That's a decision taken by the consensus witnesses, I'm not part of that group, so I can't tell you more about this.
That's good news, price increase, and SBD coming back!
Yes SBD is now trading at 0.97 and looks perfectly fine. But I want to see steem trading at 0.5 usd at least & consistently.
Just a query - Why the future rewards in steem.supply & steemworld.org does not match and the gap between the two is quite large. So it is difficult to assess which one is correct. Most of the time steemworld.org shows on a higher side and steem.supply shows on a lower side.
Thank you and Have a great day.
Great to see SBD price back where it should be! Looks like first pull back of this little price run up. Hopefully we get a quick bounce back