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Steem Dollar Arbitrage

https://steemitimages.com/DQmP6W8jC3K4ziQsiaGAhiuL1ni87DgjVwoqx4ToxnG9MVS/image.png

SBD is trading at a substantial discount to 1USDagain.Thewayitissetup,aslongasSteemisviableandexchangeableforanotherweek,SBDshouldbeworthbasicallya1 USD again. The way it is set up, as long as Steem is viable and exchangeable for another week, SBD should be worth basically a1 (+/-) a penny perhaps depending on the circumstances. Every time there is a crypto sell-off, it seems to get caught up in the mix, but it always gets back to a dollar in short order.

It's currently at around 90 cents and 92 cents on Poloniex and Bittrex specifically. Good time to buy for quick, risk-free (more or less) 10% gains.

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