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RE: Musing Posts

in #musing-threads7 years ago

It all depends on the average Debt/Equity ratio 3 days prior to the post payout. Debt Ratio can be easily calculated by using the formula below:  

Debt Ratio = (Market Cap for SBD / Market Cap for Steem) x 100% 

With Hard Fork 20 just implemented days ago, the new rule on how the blockchain reward it's users is as follows:

  • If the Debt Ratio is below 9% then all liquid payouts are in SBD
  • If the Debt Ratio is between 9-10% then liquid payouts will shift linearly from 100%SBD and 0% Steem
  • If the Debt Ratio is greater than 10% then all liquid payouts are in STEEM.

The current Debt Ratio is at 6.14% which is far below 9% and is the reason why all liquid payouts everybody gets are in SBD.

If you want to check what the blockchain's Debt Ratio is at the moment, you can easily check it here yourself: http://www.steemreports.com/steem-sbd-info/