Please Resteem to let Steemit Inc know that Steemit Users want SBD (STEEM Dollars) listed on Binance.
It is important because there is no Major Multilingual Exchange that lists SBD
People of all languages need a place to trade their SBD earnings for STEEM and other currencies. Otherwise, the Steemit platform is useless to them if they can use the currency effectively.
We need @ned to fill out the form
https://goo.gl/forms/jwjm8SClOYEuC8hr1
This link requires a Google sign in:
Once Signed In, the following form needs to be filled out:
Resteem this post let everyone know we want SBD listed on Binance!
What else can you do? I recommend to go over to @binanceexchange and politely suggest that you want Binance to list SBD. Please let Binance know that it is important to you and the Steemit community.
For a breakdown of how Steemit Rewards system works:
For a breakdown of Steemit Keys:
https://steemit.com/life/@socky/do-you-understand-your-steemit-key
For a breakdown of why Steem Power is Important:
https://steemit.com/steemit/@socky/why-is-steem-power-important-beginners-read
of course, it is good to the community
buena informacion,saludos desde venezuela que pase buen dia
@socky Buddy can i know what you
Untill the pegging get fixed, this sounds like something likely to make the SBD problems even bigger.
It is counterintuitive to not use a currency to fix it.
It is NOT bad to have the price exceed the peg. That creates a massive revenue stream into Steemit. What is bad is the rate at which SBD is printed. 50/50 reward is such an arbitrary rate. It seems like no thought was put into that rate. The problem is that no-one has seemed to calculate the possible scenarios of differing print rates. When the price of STEEM goes down there is a chance that the $1.00 peg cannot be supported. There is a "haircut" mechanism in place that will allow SBD to go under $1.00 which will stop the peg from going any further below the haircut. My understanding is that the "haircut" has never been used.
What is bad is having huge bandwidth on the value of a supposedly pegged coin. A small bandwidth creates an ecconomy where services can be bought and sold. If I sell my services as a dev, I can than later use the SBD I made to buy services from, say, an editor, knowing I won't be paying 10 hours of my time for a mere 2 hours of an editor's time.
If you expose SBD to more trading platforms without first fixing the pegging in such a way that a set bandwidth will not get exceeded using more aggressive measures for preventing a high water mark from getting crossed, the coin will only be hit by pumps harder and more frequently and will get practically useless as a concept next to STEEM. what I think is needed is a second hard coded conversion. One from STEEM to SBD at a rat of maybe $1.40
Buddy can i know what you want say???
Buddy can i know what you want say???