Steem dollars or SBDs are made according to the stable value units in the steemit platform. Steem dollar (SBD) created with blockchain technology or there is also in the intent of blocktrade, when the blog post is given upvote by the reader. Steemit at that time calculated the value of each blog post based on the upvote and steam power (sp) available on the upvote value.
Is the concept of the creation of the creation of steem dollar.
Basically, there is no USD (American dollar at the existing steam value price equal to $, or another benchmark of $ 1, due to the blockchain steemit ability to process the STEem unit, which then Steem can be sold to buyers by the size of the dollar unit price (USD United States) is an asset Cryptocurrenccy such as etherium, monero or bitcoin.
The expectation of this SBD value should not collapse and there is no recovery back then the benchmark steem dollar (SBD) to USD will break.
One more reason for dollar steaks pegged to the USD price is the interest rate in the steemit economy itself. Steem dollar holders (SBD) will earn 10% interest annually (annually) which continues to be accumulated automatically per minute. if the Steem dollar falls below the USD price it can automatically rise to spark an increase against the demand (demand) steam dollar.
Steem dollar is likened to a USD denominated debt in which steemit communities have to pay with interest rates in steam unit size. If dollar steaks are made for $ 1 trading then this indicates that the price on the market is willing to lend more credits than those with accounts want to owe.