Can anyone explain more about the current relationship between STEEM, SBD and STEEMPOWER? As far as I understand it, SBD is supposed to be around $1USD. STEEM is currently $0.8989 USD and STEEM POWER is invested STEEM that you can Power Down.
Is 5 SP equal to 5 STEEM?
8 years ago by darkflame (65)
$0.08
- Past Payouts $0.08
- - Author $0.07
- - Curators $0.01
13 votes
- + darkflame: $0.021 (100%)
- + lennstar: $0.018 (100%)
- + angel76: $0.016 (100%)
- + runridefly: $0.007 (4%)
- + sthumacher: $0.003 (100%)
- + nrajesh: $0.003 (99%)
- + mic1211: $0.002 (100%)
- + newsdesk: $0.002 (100%)
- + oneshot: $0.002 (100%)
- + graveric60: $0.001 (100%)
- + adriansaninja: $0.001 (100%)
- + kamaltyagi: $0.001 (100%)
- + whalie: $0.000 (10%)
100% right you are ;)
You can also power up steem to steem power. Only the power gets interest, not steem, but don't ask me how much.
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Thats correct, however there is nothing set up to actually keep SBD equal to $1 USD so it can fluctuate, for example recently $1 SBD was worth $2 USD.
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So theoretically is there any reason why STEEM couldn't be $50 and SBD could be $100 ?
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At the moment there is no reason why they couldn't be, what matters is the value people give to them.
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