Ya, I always thought it a bit odd that SBD was so high. Right now there is no point o ever go 100%SP so why is it even an option? Because eventually it will drop, it already has had a significant drop from when I started. Get it while you can, it will correct to "proper" levels soon enough
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Well the system was designed for SBD to be worth roughly $1. That is also why the post rewards are not showing an accurate dollar value. Steemit (the developers) disabled the Conversion to STEEM function in the UI but left the 100% post rewards option. Not sure why, but it's a legacy. Maybe some day soon it will be relevant again.