You are viewing a single comment's thread from:

RE: Testing The Steem Dollar Peg

in #steem8 years ago

That's the idea... if the market is undervaluing SBD, we have to start abusing it. The only real risk is a sharp decline in the price of STEEM, which would probably further depress SBD anyway. As I show above, even in a week of a steady downturn in the STEEM price, you can still break even during a conversion.