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RE: Why Payments In SBD Stopped

in #steemit6 years ago (edited)

This is good. Helps a lot. HF20 includes some changes to that though, right?
Are we getting some sort of protection against a mooning SBD?

Under the new rules, SBD tokens will continue to be printed unless/until the debt ratio reaches 9% of the STEEM market cap. Between 9% and 10%, liquid payouts will shift linearly from paying 100% SBD and 0% STEEM at 9%, to paying 0% SBD and 100% STEEM at 10%. This works the same as the shift that occurs today between 2% and 5%.

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God, I hope not.

You are mistaken, SBD stability is much more precious to the ecosystem than a mooning SBD