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RE: Steemit Help: Here's Why STEEM is So Expensive Relative to SBD, and What You Can Do About It!
Yes, I mentioned that they peg SBD to USD in my post. However, USD isn't the most reliable indicator of the SBD:STEEM ratio because a declining USD should increase the USD basis of STEEM. In fact, we're experiencing the opposite dynamic.
Its pegged to DXY chart correlation exists just not in a tick for tick way. So is SBD inverse the world
I don't know about SBD being inverse the world...my main point is the SBD:STEEM ratio, as that's what Steemit users can trade to their benefit. Bringing in the USD to the trade is another layer of complexity that I choose not to address at this juncture.