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RE: Peg or Not Peg? Explaination of the Dollar Peg and Why Is It Important to STEEMIT Ecosystem by an ex Market Maker
Great article @jasonmcz thank you for your insight into this - I've been pretty obsessed trying to learn as much as I can about the current sbd discount situation.
I'd really love to know your opinion on my pinescript indicator for tracking sbd peg value (+SteemUSD+7daySteemUSDavg)
https://steemit.com/technical-analysis/@ausbitbank/usdsteem-and-usdsbd-experimental-indicator-conversion-timing-assistant-new
With it you can basically see the effects of the liquidity rewards being removed - I just really hope we find a new solution or some new market-makers step up :o/
This concept is really cool. Upvoted your post. Make sure you join #market-making channel on the chat -- I think you will be able to add some value to our discussion over this topic.
Cheers much appreciated - I'll definitely drop in later today but I'm not sure what I can contribute, I'm just figuring it out as I go :)
Thanks for the great post. I personally believe there will be a big influx of people to Steem. I think that will totally change the dynamic. I think the new user will be focused on content not buying in with outside currency. Check out my post on the value of Steem as a society:
https://steemit.com/steemit/@melek/open-discourse-and-how-steemit-is-qualitatively-different-from-every-intellectual-society-that-proceeded-it