SBD / STEEM Reward Split Stabilizes Around 75 / 25

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Following certain witnesses price feeds adjustments, the SBD / STEEM rewards are not split 50 / 50 anymore (even if you choose that option when you publish a post). There's a bias towards SBD, as more SBDs are printed, to increase supply. At the moment of writing, the total SBD supply was 4,275,416.

For the last 2-3 days, I've been monitoring the split, which varied based on the witnesses price feed. I think I saw a pattern in which the split stabilized (for now) at 75% SBD and 25% STEEM. On the internal market you get a little less than 3 STEEM for 1 SBD.

Just a short reminder that STEEM is the base currency in the STEEM blockchain and SBD is merely a sort of a "smart contract", which was initially designed to be pegged to the US Dollar, with the underlying intention to offer a stable currency. Lately, SBD peg was broken upwards, with prices up to $14 for 1 SBD.


I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me dragosroua@dragosroua.


Dragos Roua


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