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RE: How the Steem Dollar Peg Works

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demotruk (73)in #steem • 9 years ago (edited)

Yes, his statement was a simplification. The price is not the price on that day, but the mean price over the period of a week as declared by the witnesses.

9 years ago in #steem by demotruk (73)
$1.20
  • Past Payouts $1.20
  • - Author $0.96
  • - Curators $0.24
11 votes
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