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RE: Steem Dollar Stability Enhancements
All SP counts as well. Just because it is "locked up" doesn't mean it has no value.
All SP counts as well. Just because it is "locked up" doesn't mean it has no value.
I just find it weird to throw both STEEM and VESTS into the same market cap.
Technically they are not the same thing. They don't have the same value - VESTS need to be adjusted to account for inflation and opportunity cost that comes with the lock-in.
Although now that I think of it, my point on counting only the liquid STEEM is baseless. SBD is created in 1:19 ratio, all of the STEEM being issues as VESTS.