SBD stops being able to be converted for $1 worth of STEEM when the debt ratio hits 10%. I didn't do the exact math but since the debt ratio is around 5% now and the price is around $1 then if the price drops to $0.50 it will be at 10% and the downside peg would start to break.
You are viewing a single comment's thread from:
Thank you for informing me about this!