It might be the debt ratio. They are paying out some Steem instead of SBD but the Steem comes out of the reward pool.
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It might be the debt ratio. They are paying out some Steem instead of SBD but the Steem comes out of the reward pool.
It all comes out of the pool, normally it is converted to sbd, but the debt ratio is too high so it pays in steem.
I like steem better, it has an upside, sbd should trade +/- 10% of 1usd.
Sbd has no upside atp.
It seems to me like things could get even worse. Just think if the debt ratio gets triggered more and SBD falls below 1. #disaster. lol I'm very bullish on this platform long term but the short term does not look very good.
im definitely not tripping if it falls below 1 and we get liquid steem
I think we'd be getting about the same Steem but with no SBD.