PRACTICAL EXAMPLE ON HOW PAYOUT WORKS - PERSONAL EXP.
BASED ON A RECENT PAYOUT CALCULATION AND ON A 50% SBD AND 50% SP POST'S REWARDS
TOTAL POST'S UPVOTES= $3.55
67% GOES TO AUTHOR= $2.67
33% GOES TO CURATION= $0.88
NOW OF THE 67% AUTHOR REWARDS
50% GOES IN SBD= $1.337
50% GOES IN STEEM= $1,059
(WITH THE MARKET EXCHANGE RATE AT THE MOMENT OF PAYOUT OF ABOUT 1 STEEM= $1.26)
NOW HAS IT BEEN THAT YOUR POST'S REWARDS ARE SET TO "POWER UP 100%" THEN YOU WOULD GET THE $2.67 OR FULL AUTHOR'S REWARDS
===a) THE INFLATION RATE
===b) THE TIME OF UPVOTES
---IF ALL THE UPVOTES ARE IN THE FIRST 15 MINUTES THEN
AUTHOR GETS ALMOST 99.4% OF REWARDS
---IF UPVOTES ARE BETWEEN 15 AND 30 MINUTES...
THE 50/50 PERCENTAGE BETWEEN AUTHORS AND CURATORS
---IF UPVOTES ARE ABOVE 30 MIN...
THE 99.4% IS DIVIDED BETWEEN THE CURATORS
OFCOURSE YOUR CURATOR'S REWARDS DEPENDS ALSO ON HOW MUCH YOU CONTRUBUTED...
SAME GOES TO THE AUTHORS...
THAT'S WHY YOU HAVE AUTHORS THAT UPVOTE THEIR OWN POSTS WITH AN ABOVE AVERAGE REWARD (SAY A 7-10-20 $) OR MORE SO THAT TO GARANTEE A HIGHER RETURN
:]
STILL ANALYZING THIS STEEMIT ISH....Oh
:[]
definetly more to come...
breaking it down the only way I could, let me know where I went wrong ...
Peace!!