I new to Steem as well, and this is my understanding of the valuation of 1/1. With this knowledge I bought some at $2/1 just to tinker with the technology, and here I am exploring...

It seems to me if this platform is to keep homeostasis at 1:1, the one's profiting were mining last year (or prior >$1 valuation) or is a successful author... I am still feeling these rooms out...