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RE: Adjusting My Price Feed To -2% - SBD May Cross Below $1

in #witness-category7 years ago (edited)

does this effect the printing of SBD and if so how?

Edit - scrap that question. I just read your post https://steemit.com/steemit/@dragosroua/how-sbds-are-created-and-what-could-happen-if-sbd-is-pegged-to-usd10-instead-of-usd1.


I was also reading I was reading this post by @tarazkp https://steemit.com/steem/@tarazkp/will-the-sbd-printing-soon

can you tell me if more witnesses use a negative bias and the ratio reaches 5% SBD will stop printing and quickly reverse the effects of trying to peg?