We get the sbd/steem trading pair in the internal market, but where do we see the market to find what steem is trading at in mvests?
1 MV = 1M VESTS = 483.875 STEEM = $577.263
Where does this number get established?
Who sells me the mvests when I power up?
Who gets my steem for those mvests that were sold to me?
Were they created from air, and the steem burned?
What is going on?
Have a perfectly peaceful day.
Keep working, stop paying. No war, but the class war!!
Viva! Tradeqwik, the exchange that pays you!
How to win in court for far less!!
Those are the questions I need to know an answer too @freebornangel but what is important for me is to get more numbers because I really do need money for my dire situation.
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Up from @burundel
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My dear colleague! Sorry, that is off topic, but can you open the internal market? thanx
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@helpbot, how is the mvest value determined?
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, how is the mvest value determined?
I am still learning and have no automatic response to your inquiry yet.
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The value of VEST in Steem Power is determined by supply of Steem Power and the current amounts being powered up and powered down.
For more info check this post by @craig-grant: https://steemit.com/steem/@craig-grant/steem-power-explained-vests-voting-power-vote-weight-and-inflation-rate-staking-rewards
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