RE: Question about SBD print rate...

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Question about SBD print rate...

in steem •  2 years ago 

As far as I know, when the SBD price is above $3, it will start printing.

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That's not quite how the system works... It works by printing SBDs when the debt ratio of SBDs to the market cap of STEEM falls under 10%. So, in order to figure out what price that is for STEEM we need to figure out whether we use the total steem supply or the total virtual steem supply... of that I am not sure