Hi everybody, Qustodian here.
As some may have noticed we have entered the era of liquid STEEM printing. This happens when the debt ratio exceeds 2% and some of the SBD rewards are converted into liquid STEEM using the feed price.
Given that the feed price mechanism is pretty much a big middle finger to authors as your SBD gets converted into a much smaller amount of STEEM = reducing post earnings.
This means SBD is becoming more valuable.
Thanks for your time,
Qustodian