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
RE: If Steem is trading for roughly $5, why does it get me only .5 Steem Dollar?
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If Steem is trading for roughly $5, why does it get me only .5 Steem Dollar?
This if fairly misleading then. Steem Dollars "tokens worth about $1 of Steem", if $1 it is actually over $9 (above screenshot).
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That is a peg if it falls below a dollar you make interest (well not including vests but that is another story)
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Then the term Steem Dollars is misleading and then explanation is very misleading. Do you agree with that?
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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
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They should change the wording since Steem and SBD trade independently on many markets and therefore have varying values.
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