STEEM Printing Rate Back Around 50%
Following today's spike across the entire crypto market, SBD price rose to the point that it's now very close to $1. Which means STEEM printing is now on par (or close enough) to what's in the initial design of the ecosystem.
Precisely, at press time, the printing rate was 68%, which means it's still a bit skewed towards more SBD being printed, but, overall, I consider this move to be a positive development, that deserves to be mentioned.
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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@dragosroua,
Good news and I wish more SBD print and less STEEM print might happen soon!
Cheers~
This post has been included in the latest edition of SoS Daily News - a digest of all you need to know about the State of Steem.
Nice move
thanks for this update everything looking good at the moment
Most of us expect a positive change for the currency, hopefully and continue to move forward.
Thank you for the news, I hope this green rain will last longer now!
Good stuff on the horizon :^)
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Good news!! This is what we expected.
Hey, great! Hopefully the SBD and STEEM will last a long time up.