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RE: Steem Total Value Powered Up - $34 million - July 3, 2022
When I get my rewards no, no, there is SBD, only steem, tron and voting power, the price of SBD has always exceeded the price of STEEM, I don't know what to think, but this makes me feel unmotivated, I will continue saving SBD, that yes, I will do it
Oh, now I understand. Yes, SBD rewards stop when the price of STEEM goes too low.
I wrote about that, here - https://steemit.com/steem/@remlaps-lite/steem-for-script-kiddies-sbd-debt-ratio.
Steemit first posted about it here (6 years ago) - https://steemit.com/steem/@dantheman/steem-dollar-stability-enhancements.
It's done to prevent the blockchain from being overwhelmed by SBD conversions.
Not sure, but I guess STEEM needs to get back somewhere around 28 or 30 cents for it to start printing SBDs again.