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RE: Steem Dollar Stability Enhancements

in #steem • 8 years ago

Assume all sbd printing stopped. Assume market cap keeps falling. At some point you must convert to steem forcefully.

8 years ago in #steem by
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     8 years ago  

    Thanks Dan,

    Is that even possible? I guess ST would have to drop quite precipitously for that to happen. Pretty unlikely, but I see your point. No sense sending the whole project into a nosedive.

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     8 years ago (edited) 

    Hi Dan, I have a question around why there is a 7 day delay on converting SBD to STEEM on the platform? I could achieve this nearly immediately on Bittrex.