RE: SBD at .0025 BTC?? How is this making any sense? I explain what happened with the pricings today

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SBD at .0025 BTC?? How is this making any sense? I explain what happened with the pricings today

in steem •  8 years ago 

This might explain a lot and also the fact that liquid Steem is going to only one person? Is the internal market the only market which can create Steem Dollars?

steem
8 years ago by

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$0.09
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      ·  8 years ago 

    The only mechanism in which SBD are created is through Author rewards. SBD are destroyed when authors choose the 'convert to STEEM' option, too.

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

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    • Hate speech or trolling
    • Miscategorized content or spam

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