RE: SDCD (Steem Dollar Conversion Day) #1 - SPUD Compatible

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cardboard in #sdcd • 6 years ago (edited)

.264 per 5 STEEM -> .052 per STEEM
or
.264 STEEM per SBD
right?

6 years ago in #sdcd by cardboard

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cadawg 6 years ago (edited)

No.

Converting 1 SBD gives you ~ 5 STEEM
Buying 1 SBD from the market costs 5.264

So you'll lose ~ 0.264 STEEM per 1 SBD you buy and convert

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cardboard 6 years ago

That's what I mean, I see you've edited the

It'll cost about 0.264 STEEM per 1 STEEM
;)

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cadawg 6 years ago

LOL Yeah! Wasn't thinking quite straight. Thanks for telling me!

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