Crypto Academy Week 6 Homework Post for @yohan2on: Stablecoin
Source
El Steem Dolar
is a stable coin designed to be worth 1 USD and be changed to Steem at any time is a coin that was born in steemit.com this coin is decentralized can not be mined as it works with Graphene, but we see something very particular the coin that was designed to cost 1 dollar now at this time has a value of $ 6 then we see that supply and demand positively affect the SBD.
Source
SBD stabilize the blockchain and always keep the value stable but this will depend on the market capitalization which makes the price have changes in final value.
how to get the SBD
The SBD is the second currency used in steemit, it is with what your post will be paid after dividing the profits with the curators and with the voting power there remains a% that becomes SBD these can be exchanged for steem within the same platform, you can also get buying steem in any exchange platform for example I use binance that is comfortable for me and buy steem with btc those steem I send them to the steemit platform and within the steemit.com platform change to SBD to save the assets.
Source
Currently this stable coin remains well above its stable competitors which is being very well seen by the community this makes the currency grow and has a positive value for both the market and to give prestige to the platform also I want to note that this open source currency is backed by steem.
thank you very much for your visit I hope to see you here soon
@yohan2on
@steemcurator01
@steemcurator02
Hi @darwinking.
Thanks for attending the 6th Crypto course and for your effort in doing the given homework task.
Feedback
You have just done fairly well in this homework task. You needed to make your explanations more clear and understandable to your readers.
Forinstance;
What are healing points?
That's a poor choice of words used in your explanations.
Change
binanse to Binance
Homework task
6
Hi, @yohan2on Thank you very much for the correction, it was taken into account, and everything you told me changed, thank you.