Yes it is from that and HBD is considered $1 which it mostly is and sometimes goes down/up slightly, value could be displayed in different currencies on Ecency, you can change the currency in that case market price conversion is used. Did you know you can view your rewards in Euro or Indian Rupee or even in BTC?
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Now I do! But while you asked: I'd love to know more about those conversions and pegging like who, when, how these things are calculated. Not all exchanges have the same market price, right? I don't see that reflected enough in all the frontends.
Even in Hive-Engine there's simply a $ sign in the wallet list. And I find myself completely left alone with the question of where these data come from and what estimate they are based on. Just expecting HBD to be valued like USD doesn't mean it really is, right?
PS: Oh, and I thought HBD stood for Hive Backed Dollar, like SBD did back in the day. And who or what is backing it? You guys at Ecency call it something else?
That should be Hive Backed Dollar, we will correct that.
Market price is averaged just like coingecko or coinmarkatcap.com.