That would crush STEEM. At the current 50% debt ratio the outstanding SBD would be multiplied by 10 and would represent a 50% increase in the supply of STEEM. How is an already-weak STEEM market going to support that? It won't.
What if for future value movements, as sbd goes back to 10 or more than 1, steem goes the same way? Or lets say steem goes higher than sbd? Would that make a correct proportion of debt ratio as a stable one?
That would crush STEEM. At the current 50% debt ratio the outstanding SBD would be multiplied by 10 and would represent a 50% increase in the supply of STEEM. How is an already-weak STEEM market going to support that? It won't.
^^^^^^^^^^^^
What if for future value movements, as sbd goes back to 10 or more than 1, steem goes the same way? Or lets say steem goes higher than sbd? Would that make a correct proportion of debt ratio as a stable one?
Sorry I'm not understanding your question.
I think trying to manipulate SBD back down to $1 when Steem was $3 and SBD was about $8 is more detrimental to Steem.
Cg