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RE: 1 SBD = 1.058 STEEM - And The Color Codes In Steem.Supply
I was there when 1 SBD = 1.111 Steem.
SBD was supposed to stay near $1. But, all that was planned for was the lower floor of always being able to be traded for one dollar of Steem. I do not know if we will ever get back there. If we printed 10x as much SBD, it probably still wouldn't work.
The "peg" may be a soft one, not a hard one. By "hard", I understand something that is automatically linked to a certain level, like 1 SBD = 1 USD, and it's backed by real assets, and by "soft" I understand: 1 SBD = x amount worth of STEEM, at whatever the price of STEEM is. I think we've always been in a "soft" peg.
@dragosroua Thanks for the info and i wish we get more