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RE: There are a lot of new users on steem who might not know what SBD means in the steem blockchain

in WORLD OF XPILAR • 3 days ago

Thank you for this update.
Why was the SBD internet mechanism deactivated? Can't it be brought back? And so since steem price low and below the debt ratio of 10%, SBD cannot be printed? Interesting!

3 days ago in WORLD OF XPILAR by
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     2 days ago (edited)

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    For SBD (Steem Backed Dollars) to be printed on the Steem blockchain, the price of STEEM must be sufficiently high to maintain a debt-to-value ratio below the blockchain’s 10% debt ceiling. This mechanism ensures the stability and sustainability of the Steem ecosystem.

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       2 days ago 

      Oh, yeahh, I gerrit👍

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