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RE: Steem for script kiddies: SBD debt ratio

in #steem • 3 years ago

Thanks for the information.

Does that mean that when the Steem exchange rate gets stronger against SBD, the payout in SBD gets bigger too?

At what condition of the Steem exchange rate will the payout be fully in SBD and SP?

Thanks

3 years ago in #steem by
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     3 years ago 

    Yes, it works backwards, too. It prints more SBDs as it approaches 9% from above and less SBDs as it approaches 10% from below. If it goes below 9% it will stop printing STEEM, and if it goes above 10% it will stop printing SBDs.

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