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RE: My Thoughts About The SBD Peg, And A Proposal For A Soft Peg

in #sbd7 years ago (edited)

You presented your thoughts well here. I would definitely agree that a soft peg is always best. Trying to forcibly limit it to 1 $USD would make it essentially another Tether, and prone to the same controversy and demand of 3rd party audits to ensure that everything is on the up and up. I would hate to be in charge of counting those beans.

Plus, the inflation rate of SBD would be so astronomical without an equally sharp decrease in the value of our upvote, which is basically rewardpoolrape 2.0 and not in anyone's or the platforms best interests. At least that's what I would expect the outcome to be, unless I'm missing something.

The current soft peg doesn't sweep you guys into a corner as the platform grows towards hitting critical mass, so keeping a soft peg is not a hard sell in my opinion, unless there are ulterior motives of some witnesses that exist outside the platform.