IMPORTANT!!! SBD DROPS BELOW $0.80!!! HERE'S WHAT WE CAN DO TO HELP RESTORE THE PEG!

yQzeo7c.jpg

STEEM vs. SBD

SBD or STEEM dollars are pegged to the US dollar or USD. This means that each SBD is treated by the system like 1 USD. When you choose 50/50, 50% of the SBD payout will be treated like USD and will convert to STEEM based on the price feed of the witness that picks up your transaction, and will then power up into your account. The other 50% will be paid in SBD or liquid dollars which can be traded either in the free market or converted through the platform with 1 SBD = 1 USD rate.

100% Power Up

If you choose the "100% Power Up" option, 100% of the SBD payout will be powered up and each SBD will be treated like 1 USD. Currently, the price of SBD in the free market is about 80 cents which means it's 20% undervalued as opposed to how much it's valued by the platform itself.

WHAT CAN BE DONE TO RESTORE THE PEG?

What we can do to not only take advantage of this situation, but also help restore the peg, is to choose the "100% Power Up" option when we post and choose the built-in convert option in the system, to convert our SBD into STEEM rather than buying it directly in the free market(including our own internal market).


Don't forget to UPVOTE, COMMENT, and/or RESTEEM!

FOLLOW ME@msg768


STEEMON-.png


H2
H3
H4
3 columns
2 columns
1 column
18 Comments