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RE: Thoughts on STEEM-Backed Dollars and Holding the Peg

in #steemit7 years ago

It could, but I think the idea of offering a higher SBD option (75% or 100%) to authors would be better. It would make the supply responsive to demand because people would tend to choose more SBD when SBD is above $1 and less SBD when it is below $1.