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What does SBD stands for in Steem?

joelsegovia

Published: 16 May 2018 › Updated: 16 May 2018

What does SBD stands for in Steem?

Question originally asked on Musing.io - Click here to see other answers

It stands for Steem Blockchain Dollars, it is a token of the Steem platform and it is intended to be pegged to the US$, thus users can have a clearer idea how much their accounts is worth compared with US$, and also it gives a stable asset to hold if the user's intention is to preserve value within the Steem Blockchain.

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Crypto & Blockchain Projects Analyst, Foreign Languages Enthusiast, Chemistry Student. P2P exchange BsS-Steem/SBD

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