A curious case of diverging SBD and USD [charts]
steem·@ontofractal·
0.000 HBDA curious case of diverging SBD and USD [charts]
 Theoretically SBD is pegged to USD price, but in practice SBD price seems to be pegged to 0.001 BTC since Feb-Mar 2017 . On average, during last 7 days, Steem authors have been receiving an additional $20,000 in SBD payouts daily due to increased SBD prices. I've gathered historical data and made some charts to try to understand this phenomena. ## A similar divergence is observed for GBG (an SBD equivalent for GOLOS) and gold price, [read more here](https://steemit.com/golos/@ontofractal/another-curious-case-of-250-divergence-of-gold-and-gbg-sbd-equivalent-for-golos-charts) ## SBD VWAP in USD (all time)  ## SBD VWAP in USD (last 90 days)  ## SBD VWAP in USD (last 30 days)  ## Average SBD VWAP in BTC (all time)  ## Average SBD VWAP in BTC (90 days)  ## Average SBD VWAP in BTC (30 days)  ## Average SBD and USD payouts (last 90 days)  * grouped by day * calculated using 7 day sliding window ## Average SBD and USD payouts (last 30 days)  * grouped by day * calculated using 7 day sliding window # Why? SBD was designed to be a token with a stable price: > Stability is an important feature of successful global economies. Without stability, individuals across the world could not have low cognitive costs while engaging in commerce and savings. Because stability is an important feature of successful economies, Steem Dollars were designed as an attempt to bring stability to the world of cryptocurrency and to the individuals who use the Steem network At this moment I don't have a plausible explanation for sustainable SBD price increase and its' peg to 0.001 BTC. What do you think?
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