RE: The Steemit Ecosystem: The Rise and Rise of SBD Market Cap! by eonwarped

steem · @eonwarped · Jan 14 '18

$0.16

What a timely post. By the way, one piece of the picture:

STEEM rewards pot is fixed. What changes your payout is the USD price of steem (price feed set by witnesses) and the votes that shift around.

Thus, a higher price of STEEM means a higher rate that SBD gets printed. I've been trying to tell everyone that wants to hear this repeatedly, but this is a *natural* phenomenon and will equalize to the peg in the long run.

See [this post](https://steemit.com/steem/@eonwarped/steem-and-sbd-rocketing-together-it-s-impossible) for my long term analysis, and also for contrast, see [this post](https://steemit.com/steem/@geekorner/steem-backed-dollars-could-a-rise-in-supply-lead-to-a-rising-price) about a possible short term correction.

👍 geekorner, rycharde

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properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
rycharde	0 B		8,195,902,119	20%
geekorner	0 B		9,157,662,910	100%