Changes to @randowhale to help bring back the $1 SBD peg.

8개월 전

Changes:

  • Rather than burning the Steem sent to @randowhale, the Steem will be used to buy SBD from the internal market. The SBD will then be converted to Steem via the 3.5 day conversion (similar to what @sbdpotato is doing). Repeat.
  • @randowhale will soon be making comments when votes are placed - we think helping bring back the peg is important and every little bit of promotion helps. How bout a resteem??

Here's how it works:

  • Send 2 STEEM to @randowhale - include the URL to the post you would like to have voted on in the "Memo" field.
  • If @randowhale has sufficient voting power, you will receive a random % vote between 1%-100% on the post you requested. (Higher probability to receive lower % votes.)
  • If @randowhale does not have sufficient voting power, you will receive a refund and will not receive a vote.

Please Note:

  • If you abuse this beautiful creature, you will be blacklisted at my discretion, no questions asked.
  • There is a blacklist. If you're a spammer, you're probably on it.
  • This is intended to be fun, not profitable. If you're expecting profit, please do not submit any requests.
  • @randowhale will regularly buy SBD, convert to STEEM and repeat in order to help improve the $1 SBD peg.
  • Once the peg is again stable, STEEM/SBD will be burned and sent to @null.

Is it possible I could get a 1% vote? Or, a 100% vote?

  • Yep, give it a shot!
  • This could change at any time, depending on the amount of STEEM Power delegated to @randowhale. If this changes, a post will be made.

How much is a vote worth?

  • Currently, at 100% voting power, a 100% vote is worth $1.08.
  • Votes from @randowhale will never be excessive.
Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
STEEMKR.COM IS SPONSORED BY
ADVERTISEMENT
Sort Order:  trending

Interesting.

After the 3.5day conversion back to STEEM, what happens w/ the funds generated? Do those get burnt? Or is that being retained?

EDIT:

After reminding myself about how reading works and to not be stupid -- I see that the STEEM will just be recycled into purchasing more SBD and converting.

Neat.

·

This comment just made my day lol 👏🏼

·
·

Happy to help.

Hi -- I'd like to know if you are still accepting SP delegations and paying out 85% of earnings, kind sir... 8-D

You posted about that 2 years ago, so I'm not sure if it's still a thing. TY in advance.

!BEER
!shop
for you

Interesting. I always wanted to have the proper SBD peg back. Will certainly support this!

Now here's a good idea. Sweet

Nice work!

Interesting idea, hopefully it helps!

Why to bring back $1 SBD peg? Just for idea? This won't work for long.

你好鸭,randowhale!

@eii给您叫了一份外卖!

@wongshiying 老王 迎着沙尘暴 undefined 给您送来
Mochi冰淇淋

吃饱了吗?跟我猜拳吧! 石头,剪刀,布~

如果您对我的服务满意,请不要吝啬您的点赞~
@onepagex



Hey @randowhale, here is a little bit of BEER from @eii for you. Enjoy it!

Beautiful idea. Hopefully it works out.

Through a series of errors, this one was not posted. Could you check into this? Transfer 2.000 STEEM to randowhale https://steemit.com/marketfriday/@old-guy-photos/i-might-open-a-christmas-store

Congratulations @randowhale! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 91000 comments. Your next target is to reach 92000 comments.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

I am not able to understand the buying SBD and selling it back to STEEM at 3.5 days concept. 🤔

Posted using Partiko Android