SBD and STEEM are coming very close to one another. At the moment of writing: for 1 SBD you could get 1.058 STEEM. Here's a screenshot of these prices taken a few seconds ago on steem.supply:
If you have a feeling that something is different about that part of the page, you are right. The price of the STEEM is displayed in a different color: blue. Until a few hours ago, it was in green.
Well, this is on purpose. Actually, there is a little feature built in the code that allocates 3 types of colors, for different ratios.
- if SBD is less than 0.95 STEEM, the color is red
- if SBD is higher than 0.95 STEEM but lower than 1.05 STEEM, the color is blue
- if SBD is higher than 1.05 STEEM (as it was for the last few weeks, the color is green)
This feature was intended as a quick visual clue about the relationship between SBD and STEEM. The rationale for picking these colors was:
- red for a cheaper SBD
- blue for a relatively equal SBD / STEEM
- green for a very expensive SBD
Ideally, these ratios should have been calculated in relationship to the USD, since SBD was intended to be pegged to it, but since it was so far off, I decided it's better to use STEEM as a quote, and SBD as base.
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