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RE: Saving SBD - Proposal to Restore the $1 USD / $1 SBD Peg

in #sbd • 8 years ago

I should also point out that if this proposal goes through, the calculation should be independent of the haircut. IE, if the debt load surpasses 10% and SBD -> STEEM conversions produce less than $1 of STEEM, it should never cost less than $1 of STEEM to create 1 SBD. That would be a catastrophe.

8 years ago in #sbd by
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