Is printing of SBD depends on steem price? If so, is this manual or automatic process?
RE: Burned tokens, rewards, and inflation summary March 18, 2023: 138K SP, 93K STEEM, and 1,146 SBD burned in 43K burnsteem25 posts
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Burned tokens, rewards, and inflation summary March 18, 2023: 138K SP, 93K STEEM, and 1,146 SBD burned in 43K burnsteem25 posts
It's described here, here, and here. The short version is that if the market cap of SBDs reaches 0.09 * [STEEM's market cap], then SBD printing for posting rewards slows down. If the SBD market cap reaches 0.10 * [STEEM's market cap], then printing stops altogether. For SBDs to start printing again, the thresholds are the same, but in reverse.
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