You are viewing a single comment's thread from:

RE: Tracking SMT Development Progress

in #smts6 years ago

Hey, @c1udadan0x.

Someone else will probably come by and explain this in more detail, but in the meantime, the lack of SBD payout has to do where we're at as far as the debt to ownership ratio goes for SBDs, which is currently north of 5%. So, instead of SBDs, we're getting the liquid STEEM. So, nothing that's being done now is directly affecting the lack of SBD payout, but has to do with the market and what's happening with SBDs.

One of the changes in the Hard Fork coming in September will actually raise that debt ratio limit to 9% which, if I'm understanding correctly, will enable payouts including SBDs again, depending on what's going on with SBD at that point. If we're at 9% by the time the Hard Fork takes place, I'm not sure what will happen, other than, we may still be where we're at now with some liquid STEEM.

Sort:  

No more detail needed. That was a great explanation.

Hey, @netuoso.

Cool. :) Every once in a while I get something right. :) Thanks for the confirmation.

Yup, well done :)

Well, thank you, too, @andrarchy. :)

Since I was basically going off/regurgitating the information you and others offered last time around I hoped to get it right. There's just a lot to know and better ways of saying it.

Hehe, sweet :-)

@glenalbrethsen Ok, thanks.

You're welcome. :) For what it's worth, anyway, since none of what I said helps us get back to an SBD payout.