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RE: Steemit 101: STEEM, Steem Dollars, Steem Power

in #steemit7 years ago

This is the best explanation I've come across so far about STEEM currency, I think you should do more 101 videos they are very helpful and straightforward. Great post :)

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I was also wondering if you could enlighten me on something else I've come across on steemit it. Some users in their older posts have a line through the payout amount. It says that their payout which still has some time remaining before it's payout date has declined What does that mean exactly? Thankyou in advance :)

That's a voluntary choice the user makes when they upload content to decline payout. When you post content you have the choice to receive a 50/50 payout (50% in Steem Dollars, 50% in Steem Power), a payout entirely in Steem Power, or no payout at all.

Great! Will do! Just put up a shorter Steemit 101 post. Check it out!

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