Changes:
- Rather than burning the Steem sent to @randowhale, the Steem will be used to buy SBD from the internal market. The SBD will then be converted to Steem via the 3.5 day conversion (similar to what @sbdpotato is doing). Repeat.
- @randowhale will soon be making comments when votes are placed - we think helping bring back the peg is important and every little bit of promotion helps. How bout a resteem??
Here's how it works:
- Send 2 STEEM to @randowhale - include the URL to the post you would like to have voted on in the "Memo" field.
- If @randowhale has sufficient voting power, you will receive a random % vote between 1%-100% on the post you requested. (Higher probability to receive lower % votes.)
- If @randowhale does not have sufficient voting power, you will receive a refund and will not receive a vote.
Please Note:
- If you abuse this beautiful creature, you will be blacklisted at my discretion, no questions asked.
- There is a blacklist. If you're a spammer, you're probably on it.
- This is intended to be fun, not profitable. If you're expecting profit, please do not submit any requests.
- @randowhale will regularly buy SBD, convert to STEEM and repeat in order to help improve the $1 SBD peg.
- Once the peg is again stable, STEEM/SBD will be burned and sent to @null.
Is it possible I could get a 1% vote? Or, a 100% vote?
- Yep, give it a shot!
- This could change at any time, depending on the amount of STEEM Power delegated to @randowhale. If this changes, a post will be made.
How much is a vote worth?
- Currently, at 100% voting power, a 100% vote is worth $1.08.
- Votes from @randowhale will never be excessive.
Interesting.
After the 3.5day conversion back to STEEM, what happens w/ the funds generated? Do those get burnt? Or is that being retained?
EDIT:
After reminding myself about how reading works and to not be stupid -- I see that the STEEM will just be recycled into purchasing more SBD and converting.
Neat.
This comment just made my day lol 👏🏼
Happy to help.
Hi -- I'd like to know if you are still accepting SP delegations and paying out 85% of earnings, kind sir... 8-D
You posted about that 2 years ago, so I'm not sure if it's still a thing. TY in advance.
!BEER
!shop
for you
Interesting. I always wanted to have the proper SBD peg back. Will certainly support this!
Now here's a good idea. Sweet
Nice work!
Interesting idea, hopefully it helps!
Why to bring back $1 SBD peg? Just for idea? This won't work for long.
You should read this @tarazkp post: https://steemit.com/steem/@tarazkp/the-sbd-steem-debt-and-payouts
like it
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