RE: I submitted my first hardfork pull request to the Steem blockchain! (Updates to the SBD print rate.) by timcliff

> I'm trying to understand the mechanics of how SBD debt ratio increases The debt ratio is `the amount of SBD in existence` / `the marketcap of STEEM`. I replied to another comment in this post with the exact numbers for that calculation. > that SBD debt ratio has reached that 'haircut' limit of 10% before we begin to see it lose value below $1 The intent is not really to make it reach the 10% 'haircut' limit. It is just to allow SBD to continue being printed unless/until we reach that point. The market will reach whatever SBD price it reaches based on a lot of factors.

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@maryfavour · May 28 '18 (edited)

$0.04

> The debt ratio is the amount of SBD in existence / the marketcap of STEEM.

<div align="text-justify">Thank you for the answer, @timcliff. I've read through the comments thread again and seen your response to @edb's question. The concept of SBD debt ratio is clear to me now.  

##### Your intent, regarding the action on SBD should it reach that 10% 'haircut', is understood. I'm glad to have learnt **something new** from you today. Thanks once again.</div>
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<center>[Edited...]</center>

<hr></hr>

@maryfavour.

👍 timcliff, mysearchisover

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