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RE: SBD conversion to STEEM, The risks and benefits!

in #exyle6 years ago

The moves in price were so abrupt that this wasn’t on my radar as I pulled the trigger. I had a great conversion last week before it was so close so I actually bought SBD this week to convert as an experiment. I did the first day the debt ratio exceeded 10% so still waiting for it to go through to see if the discount I bought SBD at is enough to offset whatever the haircut will be as I am not sure how it works. Ultimately, there will be more Steem Power for me so net positive.