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RE: Boost Steem Value by Backing Steem Dollar

in #steemit8 years ago (edited)

Question: was the steemdollar peg a problem when the liquidity reward was in place (and the bots chasing the reward automatically bought and sold and maintained the peg). If it wasn't, then perhaps a new liquidity reward system needs to be introduced?

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I agree with this; a small liquidity reward, that is given only if you push the market closer to the direction of stabilizing the peg.

I disagree. As it is now it makes perfect sense... the problem that a SBD is not 1 USD, is the expectation what happens in the next 7 days... if the expected average would be equal to the expected price in 7 days it would be 1:1. Right now everybody expects the price to go lower... I for example expect it to go below dogecoin level, perhaps 10-15 million marketcap before the dumping ceases...

nice trolling