That's a very detailed response, thank you! Although I was aware of most of it, many people aren't and you did a great job of explaining it. Hopefully that's something that can help others as well.
When I said SBD was pegged to Steem and not $1 anymore, I was referring to something that Smooth said in regards to why interest was not being paid on SBD. Previously when the price of SBD was below $1, interest was paid on it. However, now that the debt of SBD is more than 10% of Steem in circulation, he was saying that SBD was pegged to Steem, and not to $1. Maybe I misunderstood what he was trying to say.
Regardless, I was attempting to determine if this meant there was extra rewards to be earned by posting 50/50 even though SBD is priced below $1.00.
That's a very detailed response, thank you! Although I was aware of most of it, many people aren't and you did a great job of explaining it. Hopefully that's something that can help others as well.
When I said SBD was pegged to Steem and not $1 anymore, I was referring to something that Smooth said in regards to why interest was not being paid on SBD. Previously when the price of SBD was below $1, interest was paid on it. However, now that the debt of SBD is more than 10% of Steem in circulation, he was saying that SBD was pegged to Steem, and not to $1. Maybe I misunderstood what he was trying to say.
Regardless, I was attempting to determine if this meant there was extra rewards to be earned by posting 50/50 even though SBD is priced below $1.00.
Thanks again for your response!