Introduction to STEEM-SBD Market Making Bot

The STEEM-SBD MM bot is an innovative market making bot service tailored specifically for Steemit users.

Steemit, a popular blockchain-based social media platform, hosts its own internal market for trading Steem Backed Dollars (SBD). However, SBD can only be traded on Korea's Upbit exchange besides the Steemit internal market. Unfortunately, Upbit is accessible only to Korean users, leaving a significant portion of Steemit users unable to access it.

Consequently, the price of SBD in Steemit's internal market often trades at a considerable discount compared to Upbit's market price. This discrepancy results in Steemit users consistently incurring losses when swapping SBD for STEEM.

To address this issue, the Witness @roadofrich (Blokfield) team has developed a sophisticated MM bot that bridges the gap between Upbit and Steemit internal markets. By utilizing this bot, users can exchange SBD for STEEM at a more favorable price, mitigating their losses.

Daily Steem Backed Dollar (SBD) Transfer Volume

The daily transfer volume of SBD serves as a crucial indicator for the MM bot's performance. Here's a snapshot of recent transfer data:

Date	Transfer Amount	Transaction ID
12/13/2024	50	82af331fe7ffdd79770d51cc68489bcd4d28d026
12/13/2024	50	a0481ab9600c27476095adc1dadaa5227ccab22d
12/12/2024	50	a08bb3eb0b8ce34f45b4c14d66c7b8b4d03ebd53
12/12/2024	50	7bc9a0747a7cd1825387b1264159276c96956b08

The total daily transfer amount currently stands at 200 SBD,

Currently in the testing phase, the MM bot is poised for an official launch in the near future. Stay tuned for further updates on the bot's performance and development progress.

Current Market Prices

The following table displays the current market prices of various cryptocurrencies:

Symbol	Price
STEEM - USDT	0.2603000 $
BTC - USDT	100123.49 $
ETH - USDT	3887.8600 $
BNB - USDT	702.12000 $

Stay connected for more exciting developments in the world of Steemit and market making technology! 🚀