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RE: Fundition is burning Steem
I second this, please swap to SBD first before burning them so the debt ratio decrease and SBD will be pegged to 1 USD again.
Little correction though, the chain is still printing SBD via the DAO but not nearly as much compared to when the debt ratio is below 10%.
Exactly :) do you know why the devs choose to print SBD for dao instead of just normal STEEM?
Also is there a way to check total SBD supply? I'm using coinmarketcap but don't know how reliable it is.
SBD was chosen for DAO because its value is stable (at least supposedly).
You can use steemd.com to see the current SBD supply. It's on the right side under "current supply".
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