Hey guys,

So that’s that. The SBD $1.00 USD peg has been restored:

SBD/USD Daily

If you’re a content creator looking for a positive here, it’s that the peg is programmed into STEEM to hold and with the burn feature, is going to.

If you still believe in the long term value of STEEM, and the bear market continues, we’re at least going to see the SBD:STEEM ratio shrink and you’ll get more bang for your buck that way.

It is a sad sight though, isn’t it:

SBD/USD Hourly

It’s all about seeing STEEM and the overall market recover now. But for now enjoy the ratio continuing to shrink again.

Cheers.

✌🏻.

Return from SBD Back to $1.00 USD Peg. There is One Positive Though to forexbrokr's Web3 Blog