Would you like to know how the author rewards in *USD* are calculated and what the real value you receive is because many users are confused by that?

When you see the amount in USD like in the post above, which shows *$51.26,* this is not the exact amount you are receiving and in fact, the good news is that you receive much more than that.

**Understanding Author Rewards Calculations**

In this post I am going to explain how the author rewards calculations work so you can estimate the amount you will get if payment is still pending or know exactly the value of what you got if the rewards have been paid.

I am going to use three of my posts to show you how it works.

### 1) My Sunday Fruit Smoothie!

This is the first post.

The payment on this post has been made and these are the numbers.

**Past Payouts $51.26**

- Author
**$44.25**

*(22.13 SBD, 5.19 SP)* - Curators $7.01

*$51.26* is the total amount with *70%* going to the author and *30%* going to curators.

So, as the author of the post, it says that I received *$44.25,* but this is not exact.

What I received is *22.13 SBD* and *5.19 SP.*

This is the breakdown on how you get that *$44.25* number:

22.13 SBD x 1 USD = $22.13

5.19 SP x 4.26 USD = $22.10

*($4.26 being the value of STEEM at the moment payment was made)*

**Total = $44.23**

*50%* of the rewards are paid in *SBD* and *50%* in *SP* by default.

Now, it's not the exact amount you get in *USD* because *Steemit*, in their calculation uses *1 SBD = 1 USD.* One *SBD* is supposed to always stay at *$1,* but we are very lucky because the *SBD* value has increased significantly.

Let's look at it.

*1 SBD* = *$5.08* today.

So this is the real income I received for the post.

22.13 SBD x 5.08 USD = $112.42

5.19 SP x 4.26 USD = $22.10 *(same as before)*

**Total = $134.52**

As you can see the real value is *3* times greater.

Isn't that awesome?

### 2) My 10 Favorite Supernatural Stories

This is the second post.

The payment on this post has been made and these are the numbers.

**Past Payouts $63.77**

- Author
**$50.63**

*(25.32 SBD, 5.94 SP)* - Curators $13.14

*$63.77* is the total amount with *70%* going to the author and *30%* going to curators.

So, as I am the author of the post, it says that I received *$50.63,* but this is not exact.

What I received is *25.32 SBD* and *5.94 SP.*

This is the breakdown on how you get that *$50.63* number:

25.32 SBD x 1 USD = $25.32

5.94 SP x 4.26 USD = $25.30

*($4.26 being the value of STEEM at the moment payment was made)*

**Total = $50.62**

*50%* of the rewards are paid in *SBD* and *50%* in *SP* by default.

As explained for the first post, *Steemit* uses *1 SBD = 1 USD,* but *1 SBD* = *$5.08* today.

So this is the real income I received for this second post.

25.32 SBD x 5.08 USD = $128.62

5.94 SP x 4.26 USD = $25.30 *(same as before)*

**Total = $153.92**

This is again *3* times more that the number shown on the post.

### 3) I Don't know If I Should Laugh or Cry!

Now, this is my last post and payout will happen in 6 days.

This is what it shows:

**Pending Payout $48.17**

*(24.09 SBD, 5.68 SP)*

This is for the author and curators so if you want to estimate your earning roughly you can do 48.17 x 70% = **$33.71**

I now can do 33.71 x 3 = *$101*

My estimated payout in *USD* will be *$101.*

You can calculate it more precisely if you take *70%* of *24.09 SBD* and *70%* of *5.68 SP.*

Now, the value of *STEEM* will not be the same in *6* days and the *Pending Payout $48.17* will fluctuate depending on that, and also the additional upvotes that will come in during these *6* days left.

The real income you will get in *USD* will depend on the value of *STEEM* and *SBD* in *6* days.

Let's say that there is no additional upvotes on this post and the values are:

*STEEM = $3*

*SBD = $10*

The payout you will receive is:

24.09 SBD x 10 USD = $240.90

5.68 SP x 3 USD = $17.04

**Grand Total = $257.94**

But wait, this is the grand total and as the author you will get only *70%* of this.

257.94 x 70% = **$180.55**

The real amount you will receive then is *$180.55.*

I hope that you enjoyed reading this post and that it successfully explained how the author rewards calculations work.

Would you upvote this post and follow me for more because this will encourage me to write more posts about *Steemit* like this one_?_

Would you please help *@jerrybanfield* become a top *20 witness* because you can help funding projects to build *Steem* as explained here? Vote for *jerrybanfield* as a witness or set *jerrybanfield* as a proxy to handle all witness votes at https://steemit.com/~witnesses. Read the *5 reasons why I'm voting for Jerry Banfield as a witness* and how to vote in my post.

**Michel Gerard**

sayee (66)2 years agothanks, all of this finally made sense. Thanks for explaining it in my level

gmichelbkk (66)2 years agoI am glad that I have successfuly explained it to you in this post.

mino.gris (44)2 years agoI guess, the price f both coins (Steem and SBD) will go higher as there is a real community support these coins.

By the way, I love your simple method in explaining Gmichelbkk :D

gmichelbkk (66)2 years agoI think it's going to gain in value more this year especially for STEEM. I'm glad you like the post.

muzi0202 (53)2 years agoWhat a way to explain, yes now I can calculate the value of my payouts. I also have one doubt how and when should we do bod bot and are they trusted, if you can upload a post on it. It will be too helpful to many small minnows.

We will appreciate your talent and get enlightened by your thoughts.

gmichelbkk (66)2 years agoThank you @muzi0202 for your comment. I think you should start using voting bots as soon as you can. You can spend 1 SBD on them and increase the budget after.

I have a post about the profitability of bots:

https://steemit.com/steemit/@gmichelbkk/is-it-still-profitable-to-bid-for-steem-upvote-bots

Bots are not always profitable, even if they have always been for me, but they give more exposure to your posts and your blog, gives more rewards to people who vote for you, and it shows that you are serious with Steem. I may do another post on them to explain in detail.

Go here to see all bots: https://steembottracker.com/ and select one that is 3.5 days or less.

muzi0202 (53)2 years agoThank you so much.

chavacrypto (51)2 years agoInformative Post, it cleared all my doubts!

One Question:-

Yesterday, the value of my post was $53.00 i.e (12.01 SBD, 9.63 STEEM, 17.62 SP)

Today, the value of same post is $48.01 i.e (7.84 SBD, 11.90 STEEM, 17.68 SP)

The value of post changed due to fluctuation in the price of STEEM and SBD, right?

Why the amount of STEEM and SBD changed?

gmichelbkk (66)2 years agoThank you @chavacrypto for the comment. The rewards are changing due to the value of STEEM and SBD with a delay. Seems like the SP is consistent and that the adjustment is only made on liquid STEEM and SBD, which is 50% of the rewards. I believe there is also a factor of less tokens being distributed when the price is lower and some upvotes that were at 0.01 might have gone to zero. I don't know exactly how it is calculated.

cutyusra (48)2 years agothe amount will be more in Rupiah (Indonesia) .. extraordinary @gmichelbkk

gmichelbkk (66)2 years agoI am glad that you like it @cutyusra.

happymichael (50)2 years agoGood one bro.. I have been cleared now.. Thanks @gmichelbkk

gmichelbkk (66)2 years agoI am glad it is useful for you.

event-horizon (50)2 years agoI'm really thankful to you for this post. You have explained very well and cleared all my confusions. Thanks again.

gmichelbkk (66)2 years agoI am glad that I helped you undestand this.

arrjey (53)2 years agofirst.

tanveerali (43)2 years ago (edited)it is realy realy good information now i the concept is cleared.ThanKs!

gmichelbkk (66)2 years agoI am glad it is useful for you @tanveerali.

lovecreativity (45)2 years agoIts really helpful. Thanks.

gmichelbkk (66)2 years agoI'm glad you like it @lovecreativity.

andrijana (51)2 years agoIn one moment in my life I have realized that there are two types of people. One are working only for their own good (no matter what are the consequences for others) and the other are working primarily for the benefit of the community. I'm new here but I recognize Jerry and you as a people of good heart and of good intentions, working for the benefit of the community. So please do not be discouraged. I gave my voice for Jerry as witness and voted on your post. Following both. Have a nice day :)

gmichelbkk (66)2 years agoThank you @andrijana for your good words, the witness vote and the follows.

cometomyway (40)2 years agoThanks for sharing ..

It was really helpful

gmichelbkk (66)2 years agoMy pleasure.

rezoanulvibes (67)2 years agoYou explained it very clearly with examples. Anyone can understand that. Thanks @gmichelbkk for sharing this!

gmichelbkk (66)2 years agoI am glad that you like it.

cyemela (62)2 years ago (edited)Thanks. Now if I can earn more than a penny. LOL

gmichelbkk (66)2 years agoYou will.

tylerjmusicc (28)2 years agoThanks @gmichelbkk, great post. I'm a little confused on the math on the last example, the 33.71 x 3, other than that very helpful thanks again

gmichelbkk (66)2 years agoThank you @tylerjmusicc. With the two paid out posts, we determined that the real amount you get is the author rewards that are shown times 3. 33.71 is the 70% in author rewards down from the total $48.17. You multiply 33.71 x 3 to estimate your real rewards. This is assuming the STEEM and SBD value stays at around what they are today.

ajmal298 (28)2 years agoI am fan @gmichelbkk

steemflow (72)2 years agoGood explanation..👍 resteeming it.....

gmichelbkk (66)2 years agoThank you for the resteem @steemflow.

ferow (52)2 years ago (edited)Great informative post Michel! Thanks again for your contribution to the community, amazing as always! Keep it up!

P.S. I was first! :P

gmichelbkk (66)2 years agoThank you @ferow for your comment and being first.

roxyladugal066 (42)2 years agobetter way of making newbees understand it very well, alot of us don't understand it. This post really expalians everything. i admit at first i was quite confused why my 10 SBD became 4. something up until my mentor explained it to me.. thanks for this very useful post hope this shed light to new ones.

gmichelbkk (66)2 years agoI am glad that you like the post @roxyladugal066.

emdesan (57)2 years agoThis is very informative and gives me a glimpse of hiw to calculate my payout... I was just wondering if it will always be 70% to the author and 30% to curator or does it depend on the market price of Steem and SBD?

gmichelbkk (66)2 years agoThe 70% - 30% ratio is something built in Steem and this will change, I believe, only if top witnesses push for a change. I does not depend on the value of STEEM or SBD.

imran-aslam (55)2 years agothanks for your very helpful post now concept is clear how this calcuation is made.

upvoted and re-steemed(so other people also get is helpful information)

gmichelbkk (66)2 years agoThank you for your feedback @imran-aslam, I am glad my post helped you understand. Thanks for the upvote and resteem.

coin.info (44)2 years agoCoins mentioned in post:SBD-6.73%-16.81%STEEM-4.55%-14.71%gmichelbkk (66)2 years agoThank you for this useful comment.

syedihsanshah (61)2 years agoWow i was just about to search this ...Thanks for sharing

gmichelbkk (66)2 years agoThank you @syedihsanshah. I'm glad it's useful for you.

steemerxo (16)2 years agoDoubt clearing post for many steemers☺️

gmichelbkk (66)2 years agoI'm glad it helps @steemerxo.

rudnicki (39)2 years agoYes I like the way you explain things oh so simple.

gmichelbkk (66)2 years agoThank you very [email protected]

isaacbanks (50)2 years ago (edited)Thanks so much for this explanation. I've been curious about why my SP is so damn lower than the SBD most of the time, when it's supposed to be 50-50. well this pretty much explains it.

Also, i just submitted my entry into the SWC. i know i'm supposed to wait, but i'm pretty new here and my post is probably going to make $0.00, and i don't want it to go missing among the pile. i'll really love it if you can check it out here. Once again thanks so much, for this article and for your understanding.

gmichelbkk (66)2 years agoI'm glad this post is useful @isaacbanks and I put your story in the list.

ajmal298 (28)2 years agoPlz vote my post

gmichelbkk (66)2 years agoVote begging is not how this works on Steemit, even for fans.

boomerang (53)2 years agoThis post has received a 6.68 % upvote from @boomerang thanks to: @gmichelbkk

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jerrybanfield (74)2 years agoThank you gmichelbkk for making a transfer to me for an upvote of 6.63% on this post!

Half of your bid goes to @budgets which funds growth projects for Steem like our top 25 posts on Steem!

The other half helps holders of Steem power earn about 60% APR on a delegation to me!

For help, will you please visit https://jerrybanfield.com/contact/ because I check my discord server daily?

To learn more about Steem, will you please use http://steem.guide/ because this URL forwards to my most recently updated complete Steem tutorial?

buildawhale (74)2 years agoYou got a 1.84% upvote from @buildawhale courtesy of @gmichelbkk!

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postpromoter (61)2 years agoYou got a 1.50% upvote from @postpromoter courtesy of @gmichelbkk!

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