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RE: Announcing the Qurator Witness!
Hi guys,
Could someone explain why Tier 2 has dropped from 1.25% to 1.1% ($0.21 to $0.15)? I haven't been able to find anything on why this change was made... it affects a huge number of your customers and really adds up over time.
Thanks!
Sorry... found the explanatory text in the last e-mail. I'm totally not a math guy, but how does the price of Steem affect your ability to produce Steem? Are you talking about the STEEM/USD pairing or the STEEM/SBD pairing?
The higher the SBD price. The higher a upvote is worth on Steemit. So recently it has dropped between 30 to 50 pct. Reducing upvote value
The SBD STEEM pair. With SBD and STEEM now almost the same we do not get as much steem as we used to. We sell all our SBD for steem and that way we get leases from the @minnowbooster market.
Ah, thank you for that. It's been pretty confusing how the system reacts to the Steem/SBD pairing... and I wasn't sure how a Steem/USD would affect it since it should be it's own little eco-system. Thanks for being so transparent about all of this, it really means a lot!
Thanks again!!