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RE: SBD price warning! SBD worth only 0.91 $ !!

in #sbd7 years ago

Well sure, you don't have to worry about it. The reason why SBD "magically" is worth one dollar is because witnesses take action to insure that it stays within the desired range. We can't just sit back and do nothing.

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Why are they doing it? I can't understand. Can you please explain if you don't mind?

Why do they keep SBD (Steem Based Dollar) close to one USD? That's part of our job. The Steem Based Dollar is supposed to be worth one USD.

Well that explains it. Thank you. :)

And that comment right there is what just got you my witness vote @neoxian.

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