RE: Do Your Part to Restore the SteemDollar Parity.

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Do Your Part to Restore the SteemDollar Parity.

in steem •  8 years ago 

That's weird. There's only two witnesses that have the feed lower than 1.00$, and their prices are way off. Like .20 or .30. And they're running outdated versions. Any witnesses running the latest version and reporting between .80 and .90?

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8 years ago by

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      ·  8 years ago 

    The feed is the price STEEM/USD... at the time of writing, the top19 sampling will give a median of $2.13 per STEEM, which is slightly higher than markets prices on poloniex or Bittrex... To help restore SBD to parity, the witness should adjust this price slight downwards...
    maybe a 5% for the first try, then watch the market response before taking futher adjustment....

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        ·  8 years ago 

      Ah, that explains a bit. I think I can vote intelligently now.

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