RE: Authors Can Obtain a 30%+ Premium on Steem Backed Dollars (SBD)

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Authors Can Obtain a 30%+ Premium on Steem Backed Dollars (SBD)

in financial •  9 years ago 

I believe an arbitrage opportunity, if you can see the upside potential in STEEMIT, is to convert your STEEM dollars to STEEM and subsequently power up (i.e SD->STEEM->STEEM POWER) and watch it multiply many times over (akin to a DRP (Dividend Reinvestment Plan), as opposed to simply holding dividends as cash in the bank)

financial
9 years ago by

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