In theory they are supposed to be pegged to $1. In theory they offer a place to hide out in times of volatility as well as offer a stable currency that can be used by businesses without ever having to leave the steem ecosystem. In reality, they need to be better pegged.
Yeah it's broke, at 50 cents and dropping fast! I think it will keep going to a penny, why not? Steem will go to 50 cents, they should swap places! lol
In theory they are supposed to be pegged to $1. In theory they offer a place to hide out in times of volatility as well as offer a stable currency that can be used by businesses without ever having to leave the steem ecosystem. In reality, they need to be better pegged.
Yeah it's broke, at 50 cents and dropping fast! I think it will keep going to a penny, why not? Steem will go to 50 cents, they should swap places! lol
Yikes. I had not seen the most recent drop to $.50. What's causing the drop?