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RE: Is SBD the new tether?

in #steem7 years ago

Technically, steem pegging system could do that.
It would be less practical than 1 SBD = 1 USD, but so much more stable. Has this come to the witnesses discussion?

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Steem would remain liquid but volatile, SBD also liquid but stable. Caters to both sides of the risk aversion scale.

That's what I think. Then just find a few options to author rewards that stay fair compared to authors gains today, and that allow you to choose between volatility and stability