Steem Dollar conversion to STEEM uses a currently incorrect assumption
The assumption that the conversion process makes is that 1 Steem Backed Dollar (SBD) is equal to $1.00. At the time of this post one SBD is equal to $6.51 which means that by doing conversion you will be missing out on $5.51 worth of STEEM for EVERY SBD converted. You are far better off using the Steemit Internal Market to trade your SBD for STEEM at the current market rate. This will remain true until the SBD price is less than $1.03.
Public Service Account
This account will be sending out notifications to users who are converting SBD instead of using the internal market as a Public Service Announcement.
It allowance prevailed enjoyment in it.
Thanks, this is helpful.
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