You are viewing a single comment's thread from:RE: Why is the current interest rate of SBD at 0%?View the full contextView the direct parentkibbjez (55)in #steemit • 9 years ago Why is the STEEM Backed Dollar trading for more than one dollar?
Nobody is really sure why, but its been trading at nearly double the target (so...$2). The only answer I can give as to why is "supply and demand".
Up vote for "supply and demand", for sure.