You are viewing a single comment's thread from:
RE: Steem inflation review for Q2/2025: Inflation slowed but remains elevated
Looks like we're in for another quarter with elevated inflation, unless the STEEM price gets a substantial boost. I don't think we're going to offset that bump with burning.
What sums does the diagram show?
Oh, sorry, it's an updated version of the same graph from above, but I should've specified it again here. It's SBD conversions from here. Roughly 3% of the remaining SBD supply got converted to STEEM on the 20th. And that lowered the haircut price by about 3/5 of a cent.
Oh, wow. That would have been clear in the context of the post. I had only looked at my comment to which you had written your reply.
300K is quite a lot! The account had already converted a larger sum a few months ago. Seems to be very speculative. The SBD transfer took place back in April.
Yes, I also think that we can't compensate for the sum by burning.