SBD Potato Day 33: Make SBD $1.00 Again!



sbdpotato thumb.jpg

Conversion Report

Today sent 300 + 268.569 to @bank.sbd still waiting for the swap to return back SBD. Service must be down.

Individual conversions in progress can be searched here: https://steemdb.com/labs/conversions
Total conversions in progress can be seen at: https://steemitwallet.com/@sbdpotato

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): 0.592USD

Current Debt Ratio: 15.73%

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 pixabay.com.

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.

Sponsors

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!

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VOTE @SBDPOTATO TO BRING BACK BALANCE TO THE FORCE!


Comments 17


Additional vote #1

19.12.2019 07:33
12

This post earned a total payout of 3.092$ and 2.325$ worth of author reward which was liquified using @likwid. To learn more.

26.12.2019 07:34
0

Additional vote #2

19.12.2019 07:33
11

This post earned a total payout of 3.024$ and 2.274$ worth of author reward which was liquified using @likwid. To learn more.

26.12.2019 07:35
0



Watch our latest video here @hiroyamagishi, comment what you understand of our topic.
Check our Discord 😍🤗❤
https://discord.gg/vzHFNd6

19.12.2019 07:40
0

I strongly support @sbdpotato

19.12.2019 07:56
0

This is great effort by @SBDPOTATO we all with you great job!

19.12.2019 10:50
0

Great effort i will begin to support sbdpotato

Posted using Partiko Android

19.12.2019 15:02
0

Nice

19.12.2019 16:31
0

Awesome post, this sheds light on areas i'm very interested in.. Thank you for this wonderful post.. very enlightening. Have a wonderful holiday season. #Upvoted Most definitely Appreciate this!!!

19.12.2019 18:03
0

good cause, its a shame SBD is not 1

20.12.2019 02:01
0

The force is with you! You got a 12.00% upvote from @steemyoda courtesy of @steemyoda!

20.12.2019 05:41
1

20.12.2019 15:51
0

Thanks for the post.

22.12.2019 01:39
0

Thanks for the post.

23.12.2019 01:20
0

This post earned a total payout of 31.598$ and 23.758$ worth of author reward which was liquified using @likwid. To learn more.

26.12.2019 07:33
1