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RE: Well, there it is.

in #steem6 years ago

SBD is not pegged anymore to USD, pegging it was the ability to exchange it automatically to $1 worth of steem, and i don't see that option available anymore.

It was users misconception that led SBD price to go up, while it shouldn't, why would you pay for something i offer you a price more than what i am telling you it worth?

i am with the pegged price, i believe it's very important for users who does not like volatility, and it's good for them to know their savings or earnings are somehow safe

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That would be very difficult. The price feed peg turned out to be useless.

it worked out for 2 years and it's a proven concept, i disagree with you and it's definitely not useless.