Disabling SBD Swaps Temporarily Because ...

in crypto •  10 months ago 

Greetings fellow steemians!

After a careful considering and investigation - I have decided to suspend the SBD swaps for now, you can still keep using the STEEM.

@rme has been using a lot recently (swapping SBD to USDT via steem2usdt) - Thanks for that!

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However, to keep this tool sustainable, I have to sell SBD to STEEM at some point. There are not many exchanges with SBD/USDT or SBD/STEEM pairs, I then exchanged SBD in steem internal market

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The API to check the conversion rate from SBD to USDT relies only from one source, which is not reliable sometimes.

Thus, there is a non-neglible difference, and I am losing due to this.

For STEEM swaps, it is fine - because the API STEEM to USDT is based on multiple sources: ignore the max/min, and the rest values are averaged.

TLDR;

If you send SBD to the swap tools, your funds will be returned. but the steem swaps are working as normal.

Future Plan: when SBD is listed in exchanges like HTX, then I may bring this back.

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Steem to the Moon🚀!

  • You can swap the STEEM/SBD to ETH Ethereum via steem2eth!
  • You can swap the STEEM/SBD to Tether USDT (TRC-20) via steem2usdt!
  • You can swap the STEEM/SBD to TRX (TRON) via steem2trx!
  • You can swap the STEEM/SBD to BTS (BitShares) via steem2bts!
  • Register a free STEEM account at SteemYY!
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  ·  10 months ago  ·  

It will be refunded. See this example
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Very Nice to see SBD rewards again…

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  ·  10 months ago  ·  

Yes

  ·  10 months ago  ·   (edited)

I forgot I had a bunch on Ionomy.com … was a very nice surprise.

Up 1300 %

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  ·  10 months ago  ·  

Nice.. good to know that SBD is on ionomy.

All the best Crypto is on Ionomy: SBD, Steem, Blurt, Bitcoin, Ethereum, Dogecoin, Hive, HBD

They just need to add TRON.

  ·  10 months ago  ·  

It seems not many trade amount (depth) in Ionomy

Yeah…it would be better is more people traded there.