You have to look at what 1 SBD (Steem Dollar) is trading at ...
https://coinmarketcap.com/currencies/steem-dollars/
If SBD is nearly $10 and STEEM is nearly $5 then 2 STEEM is about 1 SBD
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You have to look at what 1 SBD (Steem Dollar) is trading at ...
https://coinmarketcap.com/currencies/steem-dollars/
If SBD is nearly $10 and STEEM is nearly $5 then 2 STEEM is about 1 SBD
This if fairly misleading then. Steem Dollars "tokens worth about $1 of Steem", if $1 it is actually over $9 (above screenshot).
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.