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RE: Perfect breakdown on how we get PAID from Steemit - From Post to Pocket #351
Thank you for this post. You just blew my mind. I am very new to steemit. I have made 4 steem dollars from my post. So you are saying that those 4 steeem dollars are actually work like $21 US dollars at a conversion rate of 1 steem dollar to 7 us dollars? Thanks
The 4 Steem dollars you earned from you posts are not neither Steem are Steem dollars.
They are STU units and this is how things are recorded on the blockchain.
In a nut shell, you will get back around 40% of that STU amount into SBD when the post finishes. It's confussing as hell, lol
Welcome to Steemit man