The ratio from STEEM versus SBD STEEM Backed Dollar is approaching 1:1. The large spread of over 7% is interesting and could be profitable for day traders.
I'm looking forward to seeing what is going to happen with the price of STEEM/SBD and the ratio between them. The entire crypto market cap has grown to a whopping $820 Billion. I don't think this is going to slow down until we hit $1 Trillion. It might not slow down there either.
