The SBD $1 peg is a “floor peg” to prevent SBD from dropping too much below a $1, there is no mechanism in place to prevent the open market from driving SBD higher. Just an FYI
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The SBD $1 peg is a “floor peg” to prevent SBD from dropping too much below a $1, there is no mechanism in place to prevent the open market from driving SBD higher. Just an FYI
There is - witness bias feature that can increase sbd supply.
With inflationary consequences that could do more harm in the long run.Hence why it hasn’t been used and probably won’t be.
Theres only 3.5 mln SBD around, every whale can manipulate the price as much as he want. But yeah, I understand that witnesses need to be cautious.