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RE: SBD Print Rate: 0%

in #sbd6 years ago

With HF20 looking to change the print rate slide to only kick in between 9 and 10%, if 10% is reached perhaps the threshold will be move to 15% and so on. We'll just keep on printing that SBD assuming it is pegged to 1 USD anyway.

I don't think freedom will sell out until the peg is fixed properly at 1 USD, or it drops below $1 long enough to do a big conversion at a bigger profit. The conversion option would be better for the economics for sure.

SBD remaining unpegged just make it difficult for anyone to operate business at a stable price. Perhaps having a stable peg would encourage greater volume of conversion to liquid Steem and stimulated an increase in the Steem price too. As it stands now, SBD is our main liquid currency because that's what we get from rewards, and is widely accepted as payment in most places.