That is a peg if it falls below a dollar you make interest (well not including vests but that is another story)
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That is a peg if it falls below a dollar you make interest (well not including vests but that is another story)
Then the term Steem Dollars is misleading and then explanation is very misleading. Do you agree with that?
Definitely it took me a while to get that when I had to look up what the heck does vesting do lol.
https://steemit.com/interest/@sigmajin/understanding-the-steem-economic-system-vests-sbd-steem-dilution-interest-and-all-those-crazy-things
They should change the wording since Steem and SBD trade independently on many markets and therefore have varying values.