Getting close?

in #blog2 years ago (edited)

Will we see SBD reward printing start up again in the next day or two?

image.png

Pixabay license from Ben Kerckx at source

Only time will tell, but if my coding was right, the blockchain's median price just has to rise by a little over half a cent for SBD rewards to start printing again.

If STEEM holds the current market price ($0.256), that's enough to bring it over the line. (The median price would have to go up by just under 3 1/2 cents to switch entirely from STEEM to SBD for liquid rewards)

100% of rewards to @null

The last two lines below are unverified, so let's see what happens.

$ ./sbd_ratio.sh
Price: $ 0.246
STEEM supply: 456980726
SBD supply (cap): 11490655
STEEM Market Cap (calculated): 112417258
SBD supply (cap) / STEEM CAP: 0.1022
SBD print rate: 0 (calculated), 0 (queried)

Lower threshold: 0.251447
Upper threshold: 0.279386


image.png

Pixabay license, source

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I hope it starts printing, the debt ratio is about to end if your calc is right

I checked the price feed, and based on the stored values, I'm guessing that we'll start seeing some SBDs printed around 3 or 4am GMT.