SBD Potato Day 36: Make SBD $1.00 Again!

sbdpotato thumb.jpg

Conversion Report

Today 202.978 SBD was converted!

Individual conversions in progress can be searched here:
Total conversions in progress can be seen at:

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): 0.710 USD

Current Debt Ratio: 14.22%

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 18

Additional vote #1

22.12.2019 06:30

Vote do aur lu

22.12.2019 07:35

This post earned a total payout of 4.913$ and 3.694$ worth of author reward which was liquified using @likwid. To learn more.

29.12.2019 06:32

Additional vote #2

22.12.2019 06:31

This post earned a total payout of 4.801$ and 3.610$ worth of author reward which was liquified using @likwid. To learn more.

29.12.2019 06:33

Is all this conversion etc automatic? Or is there a brain in the middle that has to manually convert, buy, convert, etc ...

22.12.2019 15:43

I'm doing manually right now but will be automatic very soon.

23.12.2019 02:18

How much SBD needs to be converted for us to reach $1 peg?

22.12.2019 16:30

Market prices change all the time, of both Steem and SBD, it's hard to say, there are also intangible factors such as sentiment and fomo when SBD starts going up rapidly the market would move it the rest of the way. I think we would make significant headway once there is 2000 SBD being converted each day.

23.12.2019 02:23


23.12.2019 02:35

hot potatoe

23.12.2019 02:35

i was using steemit by earn money. but now, i use for my blog: di turki

23.12.2019 08:40


23.12.2019 13:01

23.12.2019 15:45

sad part is it should be witnesses and INC doing this

24.12.2019 04:29

Thanks for the post.

25.12.2019 07:59

Thanks for the post.

25.12.2019 15:24

This post earned a total payout of 32.062$ and 24.107$ worth of author reward which was liquified using @likwid. To learn more.

29.12.2019 06:32