The value of posts payouts depends on the value of SBD being pegged to $1 USD. For those willing to assist with this and maybe make a little money along the way I put together a very simple pegging bot.
The bot only does one thing: Places bids/asks at preset spread around $1 worth of SBD priced in BTC.
Feed Source: Coinbase
Trading Pair: Bittrex sbd/btc
Config: config.yml
Requires: python 2.7
https://github.com/riversteem/sbd_peg_bot
All the usual warnings, exclusions, and absolving of responsibility apply. The code is very short so please read through it to make sure it's safe for you to use.
Pushed new version with a bug fix. Was using wrong price for the "ask" orders. If you're using this bot please update.
automatic place bid and ask on bittrex using pegging bot?
Yup. It's a mindless bot that just puts orders up around the peg. It doesn't try to play the market.
What programming language is it?
Python