i didn't think they were the same bitUSD that is on the Bitshares network. i think they are sort of a copy of bitUSD using Steem as collateral (I guess).
They do pay interest as you point out.
In any case the volume is pretty high.
it's crazy though how crypto money just flows to the next cool project as soon as one turns out to be a bit of a turd (the DAO hack). someone mentioned to me Steem a couple months back, and we saw it used for articles for some bounties we have for a project. The day i started actually researching it it popped 150% lol.
Still no one has answered me about the licensing?
Wasn't the contract that all future chains using the BTS code had to give back 10%? Or was that not formally enshrined in the "open source" license?
As a bts holder of course i'm disappointed that the team couldn't stay together and capitalize, however as someone that works on projects, I was always greedy about getting my hands on that graphene tech
someone needs to make an instastreem... integrate with siacoin and storj so people can get paid for posting photos and silly videos.... i've got loads of girls here in ibiza with 15k+ followers and they don't get paid squat