You are viewing a single comment's thread from:
RE: A Few Thoughts About The Decoupling Of SBD From STEEM
I would always be in favor of a stronger and healthier STEEM, and stay away from a jumpy and volatile SBD. And yes, the recent decoupling of SBD from STEEM - meaning SBD remaining stable (or going down, towards $1) while STEEM slowly appreciates - is a very healthy thing for me.
For a while i have been blinded by misconception of the entire game, thanks for clarifying this matter, however i have always been in favour of steem high, but i didnt know the sbd had such implications on the steem
My question is this, why has the sbd taken so long to keep going this way? Can anything actually be done to change its subjugation to the market?
Yes, and actually some witnesses are doing it. The only thing that can be done is to increase the SBD supply, which is done by increasing their price feed bias. Look at the steemd.com/witnesses and see which are the witnesses with a positive bias (meaning over 0%). Those witnesses are setting up the race at which the SBD supply is increasing.