Steem Dollars (SBD) are liquid stable-value cyprtocurrency tokens pegged to USD A currency peg is a method in which a national government fixes the exchange rate of its currency with a foreign currency. SBDs are part of the parent Steem blockchain. Steem is a social blockchain that builds community while also providing users with direct revenue sources. The users are rewarded with STEEM tokens for sharing content on Steemit. Steem Dollars can be exchanged into STEEM and transferred to other accounts for use in commerce or exchange. 

According to its whitepaper, social media network shareholders gathered huge profits from user-generated content. The content creators don't make any income. Steem reverses the model, giving the highest value to those who contribute the most. Users become platform stakeholders, keeping control of their data, and earning rewards for each creation. However, these rewards are inconsistent if the token price is volatile. It is noteworthy that successful global economies have a high level of stability and individuals worldwide are unable to engage in commerce and savings if there is no stability. Steem Dollars were created to bring stability to the world of cryptocurrencies and to the individuals who utilize the Steem network.

Steem Dollars aims to shield traders from price volatility and manipulation. The Steem protocol safeguards the community from manipulation by enabling people to only convert from SBD to STEEM and not the other way around. The blockchain determines how and when SBD is created and who receives it, stabilizing the pace of SBD formation and eliminating most of the potential for misuse.

To earn SBD, users need to mine them. Contributing to the platform is considered as the Proof-of-Work for mining. On Steemit, users earn income by publishing blogs, commenting, and upvoting. The concept is that those who publish helpful blogs would receive more up-votes. Users will not vote up stuff that is not helpful. When bloggers gain upvotes, they are rewarded with SBD. 

The first block of Steem blockchain was launched on March 24, 2016, following which the whitepaper was released in August of 2017.

我们实时将 Steem Dollars 更新为 SGD 货币。通过 Coinbase 获取最新 Steem Dollars 价格。

Steem Dollars的当前市值为 S$980.52万。高市值意味着该资产在市场上的价值很高。

Steem Dollars的历史最高价位是 S$28.46。这是Steem Dollars自推出以来的最高价格。

在过去 24 小时内，Steem Dollars的交易量为 S$131.54万。

与Steem Dollars具有相似市值的资产包括Mumu the Bull (SOL), Pandora, Ultiverse和许多其他资产。要查看完整列表，请参阅我们的可比市值资产。

Steem Dollars的当前流通供应量是 980万。