STEEM and SBD Prices, Market Caps and Debt/Equity Ratio


The current price for STEEM is $1.59 and its market cap is: $417 Million USD (0.147% of total market)


The current price for SBD is: $1.24 and its market cap is: $18 Million USD



The SBD/STEEM (debt/equity) ratio stands at 3.42%

Because the SBD/STEEM ratio is above 2%, the SBD print rate has dropped, and payouts will include some percentage of STEEM instead until this ratio is back below 2%.

According to this article by @dan (Steemit creator), the calculated conversion price from SBD to STEEM ensures that the SBD/STEEM ratio can never exceed 10%.


The data used for this report is from coinmarketcap.com.

Please note that the debt/equity ratio is calculated using the Steem feed information, which I believe is a 3-day average, if calculated using current coinmarketcap spot stats, it would be 3.64%

{'total_pow': 514415, 'vote_power_reserve_rate': 10, 'pending_rewarded_vesting_steem': '197440.938 STEEM', 'participation_count': 128, 'current_supply': '270153943.732 STEEM', 'head_block_id': '0166552f21cdf964e6484759e3cd7fee53ce0fa5', 'maximum_block_size': 65536, 'recent_slots_filled': '340282366920938463463374607431768211455', 'sbd_interest_rate': 0, 'max_virtual_bandwidth': '264241152000000000000', 'total_reward_fund_steem': '0.000 STEEM', 'sbd_print_rate': 5666, 'time': '2018-06-20T09:29:00', 'total_vesting_fund_steem': '192335919.987 STEEM', 'virtual_supply': '279382505.708 STEEM', 'pending_rewarded_vesting_shares': '404378120.508322 VESTS', 'current_sbd_supply': '15190213.013 SBD', 'id': 0, 'total_vesting_shares': '390666498088.108154 VESTS', 'head_block_number': 23483695, 'total_reward_shares2': '0', 'num_pow_witnesses': 172, 'confidential_supply': '0.000 STEEM', 'current_witness': 'smooth.witness', 'current_reserve_ratio': 200000000, 'last_irreversible_block_num': 23483676, 'confidential_sbd_supply': '0.000 SBD', 'average_block_size': 11526, 'current_aslot': 23550580}