Nice example but I do no believe that this is quite right!
> 75% x$10 = $7.50 in rewards for the post Steem is at roughly $0.60 c currently so it would be $7.50 multiplied by 0.6 which is $4.5
At 100% SP rewards you would receive $7.50 / 0.60 = 12.5 STEEM in rewards. This is equal to 12.5 x 0.60 = $7.50. There can be a difference between the 0.60 average witness feed and the 0.60 market value of Steem of course....
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Nice example but I do no believe that this is quite right!
> 75% x$10 = $7.50 in rewards for the post Steem is at roughly $0.60 c currently so it would be $7.50 multiplied by 0.6 which is $4.5
At 100% SP rewards you would receive $7.50 / 0.60 = 12.5 STEEM in rewards. This is equal to 12.5 x 0.60 = $7.50. There can be a difference between the 0.60 average witness feed and the 0.60 market value of Steem of course....
Hi Tiger-zaps. i wasn't happy with my answer and have redone it making sure this one is right.
Yes. Looks good!
I also though that but have seen numerous posts showing the other way which I did.
Here is two other posts on it I just found.
https://steemit.com/steem/@kenmelendez/r2dz0dhp
https://steemit.com/steemit/@honarparvar/100-power-up-or-50-50
View this answer on Musing.io