Just to be clear one SBD should cost $1.00 USD. But I've been watching and trading these markets for about 10 days. There has been a premium on SBD probably 95% of the time (up to $1.45) and I've seen it near par of $1.00 maybe for a few hours.
Why is the Steemit algo failing to maintain a $1.00 peg? Who benefits from this? Any expert opinions on this?