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RE: How is Steem Dollars SBD consistently above the $1 peg?

in #steemit7 years ago

Thanks for the reply. Yea true, I am not complaining ;) But I thought steem can create unlimited amount of SBD if it raises above $1, which is the case for the past month already. It's meant to be the stable currency in steem but it's not doing its job? Just want to know what is going on. It's all very interesting economics for me.