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RE: Lower debt ratio with conversion of SBD?
A few months ago @remlaps wrote a post that tried to explain the relationship between Steem price and SBDs, you might find that helpful.
Another thing is that I don't understand what Converting via the convert_operation is, can it be done by anyone, or only some people with certain clearance (e.g. Witnesses)?
It can be done by anyone, but it's not featured as an option in the default Steemit wallet because if the prices of Steem and SBDs are higher or lower than certain amounts (as they have been for several years) the results can be confusing to people that don't know how the formulas work.
Thanks for answering, @danmaruschak, especially for searching back to 3 months to get me the link. So if it's not featured in the default Steemit wallet, where do one can do that? Don't worry I wouldn't want to touch the formulas. 😆 Just curious.
0.00 SBD,
0.03 STEEM,
0.03 SP
The easiest way is probably steemworld.org, if you go to https://steemworld.org/@aneukpineung78 and go to the "balances" tab there's a "Convert SBD" button over on the bottom right.
Ah. And yes, there's so many button on SteemWorld, and I never even tried them. I see the mentioned button but it seems to be inactive at the moment.
0.00 SBD,
0.03 STEEM,
0.03 SP
My guess would be that you have 0 SBD to convert to the site disables the button, but an account that has SBD would have that option (it's what I've been using to initiate my convert operations).
0.00 SBD,
0.00 STEEM,
0.40 SP
Thanks for explaining. Makes sense.