The actual STEEM supply is not going down, but the virtual supply is going down when Steem's price rises.
Virtual supply = current supply + (SBD supply / price of STEEM)
The actual STEEM supply is not going down, but the virtual supply is going down when Steem's price rises.
Virtual supply = current supply + (SBD supply / price of STEEM)
RE: New in my Daily Steem Stats Reports: SBD Conversions