Agreed, but right now there is no conversion. We can only reduce supply by STEEM going down, or the burn like you have been experimenting with.
This is exactly why we need a more robust peg.
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Agreed, but right now there is no conversion. We can only reduce supply by STEEM going down, or the burn like you have been experimenting with.
This is exactly why we need a more robust peg.
There is conversion from SBD to STEEM (reducing supply of SBD). It isn't visible in the web UI but it is still usable via CLI or API.
What is lacking is the ability to convert from STEEM to SBD (increasing supply of SBD). The only way to increase supply of SBD now is to wait.