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RE: Wtf ? Price of steem is 59 cents on here ? But 1.04 on coin market cap ?
SBD is pegged to the US$ by an averaging mechanism. You can use steem (Not the internal market) to convert your SBD to steem, and it will destroy the SBD and create enough steem to match the 7 day average price. This does not stops spikes from happening, but it will on average, be about equivalent to a US$