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Hi @jacuzzi thanks for taking the time to offer help. I have done quite a lot of research about steem already but one thing that confuses me is the purpose of SBD. I remember a couple years ago the idea behind it was you could always trade your SBD for $1 worth of steem at current market prices. It appears that has changed but for the life of me I can't figure out why or how.

Great question!
Lol, can't say I know as well. Think the Market with buy and sell pressure changed it.. But that is just a guess... I got to look in to this as well. :D

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Let me know if you find anything out.

I will do the same of course :)