I actually didnt realize this. It is annoying that 1 STB is not 1USD. Steem token can be valuated at whatever value, but steembackeddollar should be pegged at 1USD and nothing else.
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I actually didnt realize this. It is annoying that 1 STB is not 1USD. Steem token can be valuated at whatever value, but steembackeddollar should be pegged at 1USD and nothing else.
Yeah, SBD has been close to 1USD for pretty much a year, that pump is still really weird, no one really understands it; what shocks me the most is that SBD stays extremely high over such a long period (almost 2 months!). Anyway, I'd suggest buying delegated steempower or buying upvotes if you want to promote your posts: it's much more efficient imho.