SBD Potato Day 17: Getting Under the Skin!


Conversion Report

Next conversion scheduled for Wednesday.

Vote for this post to help fix the Steem Dollar Peg!

In case you missed it; here is THE LINK to the intro post about @sbdpotato.

TLDR, you vote for @sbdpotato's daily posts and the rewards @sbdpotato earns will be used to purchase SBD on the internal market, convert it to STEEM (reducing the SBD supply) and then the converted STEEM will be used in a circular fashion to purchase more SBD - Rinse Repeat! That's basically it!

Today's SBD Price (Spot): 0.696USD

Current Debt Ratio: 12.23%

Target Debt Ratio: 9.90%

What do you get out of supporting @sbdpotato?

Well firstly by voting this post you will be helping fix SBD to get it pegged to 1 USD again as it was meant to, this could also help bring the STEEM price up with it. There is a theory that the two are circular, a strong SBD gives support to healthier STEEM prices, perhaps due to positive sentiment in the network.

In addition to doing your part to improve the economy of the Steem network, you will also earn SP curation rewards from voting the post that hopefully get decent traction.

You can set the @sbdpotato account on autovote using a service like beta.steemvoter, by creating a stream to autovote the @sbdpotato account at around 4 or 5 minutes as per the screenshot below. There are also other autovoter services you can use if you prefer.

Conclusion and Disclaimer

All images used a royalty-free, courtesy of

As custodian of this project I, @thecryptodrive, will not derive any monetary value therefrom and undertake this under my duty as Steem consensus witness and ambassador.

I hope the Steem community will embrace this idea of supporting the SBD peg by voting the @sbdpotato posts regularly, alone we are powerless, together we can bring about change.


If you would like to have your banner featured on the daily posts, simply upload your banner in our comments sectiona and pledge to vote for @sbdpotato daily and/or include @sbdpotato as a beneficiary of your own posts!



Comments 8


03.12.2019 12:20


03.12.2019 12:26

This post has no sub-beneficiaries

03.12.2019 12:27

Why does your "Current Debt Ratio" keep changing so much? One day it is 16% another 12%. You have two day 17 posts. lol smh

03.12.2019 16:02

I'm not sure, I'm using the api provided by consensus witness @cervantes. I will enquire why that is and revert.

04.12.2019 06:56

Probably due to the STEEM price changing, or a bug in the API he's using, or both.

04.12.2019 07:48

I've written about this before and I'll write about it again, the SBD should actually peg to the rate that it is intending to peg to. Stablecoins are only as stable as they are made to be, anything else and it detracts from it's entire underlying value. Upvoting your post!

03.12.2019 23:26

This post earned a total payout of 31.566$ and 23.734$ worth of author reward which was liquified using @likwid. To learn more.

10.12.2019 06:10