You are viewing a single comment's thread from:

RE: A way to stabilize the price of Steem dollars

in #steemit • 8 years ago (edited)

Actually it is extremely cheap to maintain A peg. As cheap as transaction cost on the existing exchanges plus 7 day of Steem interest. Add to that that there is no logical reason for the 7 day wait period , 1 day will do just fine.
{hint}: You do not need no Straddle to hedge a now long [after the conversion request] Steem position... all you need is :)

8 years ago in #steemit by
$0.00
    1 vote
    Reply 0

    Coin Marketplace

    STEEM 0.20
    TRX 0.25
    JST 0.039
    BTC 97371.04
    ETH 3473.35
    USDT 1.00
    SBD 3.20