Thanks for your hard work, smooth. I know many have been encouraged by your efforts, sometimes seen, sometimes not.
The SBD fund is amazing. What a great contribution. The bot is too.
I get confused on the SBD APR. At a time when Steem was falling, many of you increased the percentage. Doesn't this make SBD more attractive? Doesn't making SBD more attractive put it in competition with Steem? And doesn't that promote a greater debt to equity ratio? What am I not understanding?