RE: Don't Forget to Switch Back to SBD Payouts. by jrcornel

Viewing a response to: @edicted/don-t-forget-to-switch-back-to-sbd-payouts

hive-167922 · @jrcornel · Feb 12 '20 (edited)

$0.03

Keep in mind that the SPS pays out only SBD... so it's possible there might not actually be a reduction in SBD...

👍 edicted, edb

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@edicted · Feb 12 '20 (edited)

The SPS creates Steem inflation out of thin air?  
That's news to me. 
I thought the SPS was going to run on donations for a while to see if that was enough funding.

👍 leo.curator

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@abitcoinskeptic · Feb 13 '20

SPS usually refers to Steem.dao which received 10% of all steem inflation as a result of the hardfork. Maybe you are thinking of Steem Alliance?

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@jrcornel · Feb 13 '20 (edited)

$0.03

No, they reduced the author reward pool and created the SPS out of that inflation. That SPS inflation is paid solely in SBD though.

👍 edicted, sempurna

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@edicted · Feb 13 '20

Sounds like the SPS creates Steem inflation  :D

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@abitcoinskeptic · Feb 12 '20

There is a reduction from 28.125 to 26.5% =)

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