Bad news for Steem? Steem Dollar finally slipping below $1 again at a not very opportune time.
During the month of June Steem has benefited from a lack of SBD conversions. The reason for this has been that the Steem Dollar has been above $1 in price, and thus it is not generally profitable to convert
Should We Revert to Previous SBD Print Rate?
When the Virtual Steem behind Steem Dollars represent 10% of the Virtual Market Cap
Before Hard Fork 20, Liquid Rewards if the total Virtual Steem locked behind SBD represented more than 2% of the Virtual Market Cap, liquid payouts would be made of a mix of Steem. After 5%, payouts would be entirely Steem.
After Hard Fork 20, liquid rewards pay out fully in SBD until 9%. Between 9 and 10% it is a mix, and beyond 10% payouts are Steem fully.
**Scissors & Candlesticks: How I Turn $0.80 Trades into Freedom from Cuba** #Cuba #Solana #SurvivalTrading #CryptoRevolution #FinancialFreedom #LeoFinance #PhantomWallet
1:00 PM - TP HIT! Profit: $0.09 This isn’t just a number. It’s: 30 minutes of light when the power grid fails. Two spoonfuls of black beans. Proof that freedom grows penny by penny. 💔 THE HIDDEN COST