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so it's 1.6 SBD for every 1SP?

If the same amounts would've been used in this scenario, you would get 1.682 SBD for 1000 SP.The amount varies depending on how much money @randowhale gets. (The amount people buy votes for).

You would've got 16.82 SBD for 10,000 SP and 168.2 SBD for 100,000 SP in the same scenario.