The SBD is currently half-pegged on the downside at $1. This is accomplished by having a build in feature (the convert feature) that allows you to get $1 of steem for every steem backed dollar.
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The SBD is currently half-pegged on the downside at $1. This is accomplished by having a build in feature (the convert feature) that allows you to get $1 of steem for every steem backed dollar.