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RE: What Will Happen With The Steemit Rewards After SBD Gets Back To $1?

in #steemit • 6 years ago

Ohhh. I just learned today that that's how adjusting the newly generated supply works. I'm curious to know what has caused the last SBD pump? Were some witnesses doing something over the price feed responsible for that pump? As I can see, the volume of SBD and liquid STEEM supply pretty much dictates the price between the two coins today. SBD inflation can help bring the balance again.

6 years ago in #steemit by
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     6 years ago 

    Were some witnesses doing something over the price feed responsible for that pump?

    Nothing on that side, on the contrary: when SBD broke the peg outside of STEEM internal market, a few witnesses reacted to adjust to SBD supply (i.e. increasing it).

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