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RE: Steem Total Value Powered Up - $37 million - July 10, 2022
The high SBD price is actually a bit of a disadvantage for us. When the SBD market cap approaches the Steem market value, the system starts to increase the Steem supply. Thus, both the supply of steem increases and the price of steem continues to decrease. A change is needed here. The less Steem is released, the more valuable it will be and more steem buffs.