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steemit / steem-python

The official Python (3) library for the Steem Blockchain.
https://steem.io
MIT License
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steem_to_sbd and sbd_to_steem print misleading results #109

Closed DoctorLai closed 6 years ago

DoctorLai commented 6 years ago

The Python github convert.py is located at: https://github.com/steemit/steem-python/blob/master/steem/converter.py

Here is a test script to print the feed price:

from steem.converter import Converter          
import sys

try:                      
  converter = Converter()                
  steem_to_sbd = converter.steem_to_sbd(1.0)
  sbd_to_steem = converter.sbd_to_steem(1.0)
  print("1 STEEM = " + str(steem_to_sbd) + " SBD")
  print("1 SBD = " + str(sbd_to_steem) + " STEEM")          
except:
  print("Unexpected error:", sys.exc_info()[0])

So it prints the following, which is quite misleading... at least, the SBD should be more expensive than STEEM, as of today.

image.png


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E-D-A commented 6 years ago

That is by design as 1 SBD is worth 1 USD. It is the market that is misleading, wanting to pay 10 times more. :) Also, the average price is used, hence it is showing only 2.2SBD for 1 STEEM. The whole system could be questioned, but this is just how it works at the moment.