SBD is pegged in a way so that it doesn't go below 1 dollar. But the upper limit is not pegged. The price feed is generally set to 1$. That is not really a good way to peg a currency.
SBD is pegged in a way so that it doesn't go below 1 dollar. But the upper limit is not pegged. The price feed is generally set to 1$. That is not really a good way to peg a currency.
It went a to 0.97 USD but its reverted back.