How exactly is the SBD (Steem Backed Dollar) value determined?
Right now from steemdollar.com I see it's worth $12.79 USD. Why did it jump so high? Why isn't it $1 USD as an unit of account? How is the $12.79 USD value determined?
How exactly is the SBD (Steem Backed Dollar) value determined?
Right now from steemdollar.com I see it's worth $12.79 USD. Why did it jump so high? Why isn't it $1 USD as an unit of account? How is the $12.79 USD value determined?