RE: Adjusted My Price Feed Bias Down To 10%, SBD Is Closer To The Peg

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RE: Adjusted My Price Feed Bias Down To 10%, SBD Is Closer To The Peg

dragosroua (74)in #witness-category • 6 years ago

I am looking forward to HF20 stopping the printing on unnecessary additional STEEM when SBD price is above $1.

How is this implemented? Can you give me some pointers for discussion / implementation?

Thanks!

6 years ago in #witness-category by dragosroua (74)

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reggaemuffin (66) 6 years ago

Currently there is a floating window, when the debt of SBD reaches I think 2% it starts printing some STEEM instead and at 10% it only prints STEEM. The fix is mostly to kick off that process at higher percentages than 2%.

One tool to view the current ration is http://www.steemreports.com/steem-sbd-info/

The SBD/STEEM (debt/equity) ratio stands at 3.16%

Because the SBD/STEEM ratio is above 2%, the SBD print rate has dropped, and payouts will include some percentage of STEEM instead until this ratio is back below 2%.

The new change proposed is this pr by @timcliff https://github.com/steemit/steem/pull/2503

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dragosroua (74) 6 years ago

Thanks!

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STEEM 0.19

TRX 0.15

JST 0.029

BTC 63220.55

ETH 2560.85

USDT 1.00

SBD 2.80

RE: Adjusted My Price Feed Bias Down To 10%, SBD Is Closer To The Peg

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