Steem experiment: Burn post #222
Burn post for August 25. Rules and update
To provide additional support, vote for the comment below. Another method is to vote for the proof-of-burn comment added after 7 days.
Burn post for August 25. Rules and update
To provide additional support, vote for the comment below. Another method is to vote for the proof-of-burn comment added after 7 days.
Rewards from this comment will be added to the post rewards for burning
Hi @burnpost! We are @steem-ua, a new Steem dApp, computing UserAuthority for all accounts on Steem. Starting from the witnesses, UA propagates from user to user based on its followers until equilibrium is reached. We are currently in test mode upvoting quality contributions with a high UA value (UA_author + UA_post)!
This might not be the right place to ask this but it seems like the people running/participating in burn posts have a firm understanding of Steem. I was wondering why payouts are only in steem/steem power and not SBD now.
If this comment shouldn't be here please let me know and I'll take it down. Thanks!
When the quantity of SBD is more than 5% of the total market cap of STEEM, the system switches to paying out only in STEEM. (The current ratio is about 6.5%.) This is to help avoid a situation where there isn't enough value in the system to support the 1 USD guaranteed value of SBD. In the next update (HF20) this limit is planned to increase to 10%.
Gotcha, thanks for the response!
I can not understand the meaning of your post?. could you explain it, please
same here brother . do not understand this post