How is the APR determined for Steem Dollars? I haven't been here for too long, but have seen this fluctuate since I have joined.
- I am wondering how the APR is determined?
- Is it set by Witnesses?
- Is the APR determined the current value of the SBD relative to the peg between SBD & USD which is targeted around 1:1? If this is the case, my assumption would be the APR would decrease as the SBD value climbs relative to the USD. With this assumption, is there an inflection where the Steem Dollars have a negative APR?