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RE: Don't Loose Money by Setting posts to 100% Steem Power!
I'm going to be a complete newbie and ask how do I set my payout structure?!? I remember hearing about it my first week and have since been learning so much about everything else that I completely forgot that you can do this. Mine started out 50/50 but seems to be about 65/35 right now. But the higher % is going to SBD.
Oh, you're fine. Definitely worth asking.
To set the payout type (100% SP, 50/50, Decline) on a post, just click the "Rewards" box in the bottom right of the editor. (Same idea on comments.)
Now, it does default to 50/50 and it will remember your selection after it's changed. Regarding your concern that your's isn't set 50/50...
So say that you have a $12 post and you get $10 after the curator cut is taken out. $5 will go towards Steem Power at say $2.50 per Steem. So you would get 2 SP. Now the other $5 goes into SBD, but instead of using a market rate, it uses $1 USD = 1 SBD...hence you'll get 5 SBD.
However with SBD going for at least $10 right now, you're getting $50! I've been exchanging my SBD into Steem lately at around 5 or 6 Steem for 1 SBD.
Ok. That makes sense why the payout appeared to change.
I swear I’ve never seen the 50/50 when blogging or typing comments but it’s right there. 🙄
Hehe, it's all good. There's so many other things going on, plus trying to format, spellcheck, get links, etc it's understandable.
If it's helpful, THIS was the last in a series of guides I wrote months back. You'll find links for the older ones at the bottom. :)
Great! I'm sure they will be helpful!