You are viewing a single comment's thread from:
RE: Why our 100% Upvote Worth dropped by 40% in SBD?
Unless there are also other things in the works we don't know about . . .
If nothing else is also going to be changed, then this was probably to reduce liquidity a bit and reduce spam content at the extremes of SP, by those with very little SP and those with very much SP compared to the most common users of Steemit.
It appears that there is concern with the falling price of SBD and the hope appears to be sure it keeps at least at the $1 peg - https://steemit.com/witness-category/@yabapmatt/witness-update-sbds-meetups-and-more
Sounds logical... this was also my first idea but i found some documents and it seems there is a formulation to calculate and adjust the feed-rate.
So I guess and hope, it is not decided with feeling.
I think the feeling comes from how witnesses adjust their feed-rate. The feed rate determines how the system will adjust the calculations of SBD/STEEM.