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RE: Could There Be a Long Term Arbitrage Opportunity With SteemDollars?

in #steemit • 8 years ago

I am pretty sure that these mechanisms are the interest that those that hold SD earn, though I think @dan or @ned would know better about that. At 10%, that interest might not be enough to get people to buy SD right now, especially with the amount of selling pressure that there is on the exchanges. Do I get 10% or do I get instant, ya know?

8 years ago in #steemit by
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     8 years ago 

    the 10% is variable right? set at different rates to bring sbd to parity

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       8 years ago 

      As far as I know, witnesses can increase the interest to try and bring it to parity.

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