What is Steem Dollars?

After working on Steamet, Stevemeet has rewarded us with a few things. One of them is Steam Dollar. Which gave brief description( Weusecoins). I posted a description of this website and copied it. So that some knowledge about steam dollars can be gained. Steem dollars are the units used to reward users for posting and curating content.

Each Steem dollar represents the amount of Steem equivalent to 1 USD.

Steem dollars (or SMD) were created so that users won’t be affected by the fluctuating exchange rate of Steem.

Overview - Table of Contents What Is Steem? Getting Started With Steem Steem Resources Latest Steem News SMD are actually a promise, that when you come to cash out you will receive the USD equivalent in Steem of what you’ve earned.

Steem dollars earn an interest rate of 10% annually.