Steem Backed Dollars or simply Steem Dollars are stable value pegged assets issued in the Steem.it platform. SBD are pegged to the value of the USD and can be redeemed on the Steem.it platform for about one dollar worth of Steem.
When Content creators receive rewards on the Steem.it platform they are made available in 50% Steem Power, which can be redeemed continuously over a period of 104 weeks, and 50% SBD which can be fully redeemed for Steem in a 5 day period. SBD can also be transfered on the Steem Platform and can be exchanged outside of the Platform.
Visit website open_in_new| Market share | 0.01% |
| Proof type | — |
| 24h Open | $1.48 |
| 24h Low | $1.43 |
| 24h High | $1.52 |
| Price in BTC | 0.00020980222058 BTC |
| Current Supply | 11,256,618 SBD |
| Market cap | $16,225,289 |
| 24h Volume (coin) | 0 SBD |
| 24h Volume (currency) | $0 |
| Last updated | 2018-04-01 18:48:11 +01:00 BST |
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