RE: Proposal for SBD Liquidity Provision and Market Making (MM) Bot Development for the STEEM Ecosystem

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Proposal for SBD Liquidity Provision and Market Making (MM) Bot Development for the STEEM Ecosystem

in proposal •  21 days ago 

When SBD is below $1, one use the Convert feature to convert SBD to STEEM based on the SBD=1 price. However, this requires 3 days. !thumbup

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21 days ago by

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      ·  21 days ago 

    Using market making bots, we think it would be a good idea to increase and burn STEEM by providing sufficient liquidity. I understand that the Covert function is ultimately an act of increasing STEEM issuance.

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