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RE: 📉 Steemonomics 💡 TIL: Why are we suddenly getting liquid STEEM rewards?!
Yeah, don't worry, I used to work in IT, I have been here since 2016, and still I get confused about how this place works at times.
If you have any questions in particular, feel free to ask me anything ;)
I'll give you a TL;DR:
- The rewards have adjusted automatically to make less new SBD available because there is too much already, according to steem's built-in economic rules.
- These built-in rules all operate under the assumption that SBD was correctly pegged to the value of 1 USD. This peg is not working correctly (as SBD is obviously above 1USD)
- This may or may not be problematic - that's probably a question of economic ideology?!