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RE: How SBDs Are Created And What Could Happen If SBD Is "Pegged" To $10 Instead Of $1

in #steemit7 years ago

It's hard for me to get my head wrapped around this to be honest.

What is the price feed bias regarding - the relationship between Steem and SBDs or the relationship between fiat and steem or something else? Or both and more?

What I find really strange is that witnesses have so many live controls. If I got you correctly, this means that if different witnesses have different settings, you can get a significantly different mix between STEEM and SBDs?

There was recently a post that was supposed to be 50%/50% by another user that was paid out almost entirely in steem instead with a minuscule portion paid in SBDs. Does this mean a witness messed up?