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Hopefully someone closer to the code will be able to confirm the interest on SBD in the savings account. Its worth noting thought the interest rate isn't fixed so I wouldn't bank on it.

SBD is in my opinion one of the cleverest aspects of Steemit. Its a counterparty-free peg to the US dollar. Nothing like this exists anywhere else that I know about. It's a complicated instrument but the important thing for most to know is the value is around the value of a US dollar. It can fluctuate but its designed to be fairly stable.

I can't agree more. The SBD is genius as it's pegged to the USD. It makes anyone able to hold cryptocurrency without the shifting of prices since it will be relatively stable against the USD (some rules apply here, anyone should read more before considering it). At the same time you get a Yearly APR on top of it as a bonus for holding the asset.

As you point out thought, the APR isn't fixed but determined by the witnesses.

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