RE: SteemDAO Funding

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SteemDAO Funding

in steemdao •  6 years ago 

So, the higher the value of steem, the value of sbd goes into the direction of 1$ again and more should get printed too (due to the higher value of the pool), no?

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In theory, yeah. But, workers set the wage. So, it's just nice to have higher value STEEM because the budget would be bigger.

Ok so I am not clear what was concluded here. Does a higher steem price mean more SBD will be printed for the DAO?

I'm going with yes.

That is what I am thinking as well. Which means the goal to better fund projects would be to get the price of steem to go up. Everything else takes care of itself.