Question asked on Musing.io by nattybongo

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musing-threads · @nattybongo · Jan 21 '19

Question asked on Musing.io

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👍 nattybongo

`author`	nattybongo
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nattybongo	0 B		2,270,652,226	100%

@divine-sound · Jan 21 '19

$0.06

Question answered on Musing.io

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👍 gandhibaba, reservedsingle, leysonrye

`author`	divine-sound
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`json_metadata`	"{"app":"musing/1.1","appTags":["steemit","blockchain","cryptocurrency","money","fiat"],"appCategory":"steemit","appTitle":"Why is the blockchain printing almost no sbd but only steem when sbd is higher?","appBody":"<p>It is not dependent upon whether SBD is higher or not. It all depends upon the debt ratio. The debt ratio is the ratio between market cap of SBD to the market cap of STEEM. If the debt ratio is below 9% then the the payout of the post is in SBD and SP and if the debt ratio is between 9% and 10% then the payout of the post is in STEEM, SBD & SP. If the debt ratio is above 10%, then the payout is in STEEM & SP.</p>\n<p>Earlier the debt ratio was close to 10% and that is why the rewards were in STEEM & SP mostly and very little amount of SBD, but if you check now, the debt ratio has lowered towards 9% and hence the blockchain has started printing SBD again and now the  liquid reward is in SBD & STEEM with more amount of SBD and less amount of STEEM. If the debt ratio will fall below 9% then this liquid reward will be completely in SBD.</p>","appDepth":2,"appParentPermlink":"fkqa3epxw","appParentAuthor":"nattybongo","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}"
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@reservedsingle · Jan 21 '19

Why is the blockchain printing almost no sbd but only steem when sbd is higher?

<p>This was really insightful and helpful. Thanks. </p>

properties (22)