Great post & info, this slways happens when we get above 5%, if you watch the supply you can tell the future 😎
If percent_sbd is below 2% then the sbd_print_rate is 100%.
If percent_sbd is above 5% then it stops printing sbd.
If percent_sbd is between 2% and 5% then sbd_print_rate = 100% * (5 - percent_sbd)/3.
We are not in 4% but 2.15%. This is the calculation:
Steem supply: 265700335.221 STEEM
SBD supply: 10858144.712. How much STEEM is it? The median price is 1.855 SBD/STEEM. Then 10858144.712/1.855 = 5853447.283 STEEM
The virtual Steem (Total) is the Steem supply + SBD supply. Total = 5853447.283 + 265700335.221 = 271553782.5 STEEM
Then the percent_sbd is SBD supply / Total = 5853447.283 / 271553782.5 = 2.15%
This percent is between 2 and 5, then the printing rate is (5 - 2.15)/3 = 95%
Found this from the last "purge" 5-6 months ago!
I don't follow your maths. It looks way out of date. "The median price is 1.855 SBD/STEEM" No - Not by a long shot.
We actually haven't had a purge since before the first SBD pump in Nov 2017, much longer than 5-6 months ago.
Ok 9 months it is, my guestimation should have just said long long ago in a galaxy not so far away....
I upvoted you now noticed you flagged me for 3 month misquote... thanks pal
I did not want to do that but your comment was upvoted to the top of my list and had errors / was misleading so I didn't want it as my top comment.
I'll upvote your other comment above to compensate.