NOPE... I am making a post NOW that explains this, but in short, you get SBD like it was $1 U$D, and in amounts that "equalize" with STEEM. If Steem is $6, you will get 6 SBD with a 50/50 reward. You can then use this 6 SBD to grab 6 steem. If you use 100% payouts to power-up, you will get 2 steem. The system sees 1 steem @ $6 as equal to 6 SBD, regardless of SBD prices. It was REALLY CRAZY when I was getting 10 SP for 1 SBD, I Loved It! My article comes out tomorrow... I will link Max's article here, and resteem.
I'm hoping Max will resteem and link back for me, once I have a link LOL ;)
Here it is: https://steemit.com/steem/@underground/we-have-reached-parity-and-passed-it-so-do-i-keep-powering-up
RE: 1 STEEM = 1 SBD: And So It Begins!