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RE: Debt Ratio's Impact on the Authors' Rewards on Steem- Understanding the Current Situation
This is a well explained publication regarding the current happenings in the ecosystem, but then, the calculations are a bit confusing.
Now, we have clarity of the situation at hand.
Thank you, and let's hope steem bounces back, so that we will receive our normal author and curation rewards.
It's a great pleasure to know that you have learned a few things from my publication today.
Yes, thank you.
So, please per your knowledge and experience, what duration does it take for the dept ratio to normalize?
Thus moving from >10% to <9%
Until the Steem market cap is appreciable to achieve 9% debt ratio again when divided with the SBD market cap. Knowing that the market cap is a product of the supply and price, the only way to achieve an appreciable Steem market cap again is when the price of Steem goes bullish.
This is not a time to sell but rather a time to acquire more STEEM, power up, and adopt 100% power up reward settings again as we contribute to the Steem ecosystem.
Noted.
Thanks for the gist.