income distribution of author and curators of a steemit post described in detail

in #steemit7 years ago


A person who writes a post is know as a post author or steemer. While the persons who upvotes and resteem the post are known as Curators.

I hope you understood the basic lesson..

Now move to main point.....

Main point is the income

The whole income which is Paid by steemit after seven days of publishing of Post, Is subdivided between author and curators as 75% and 25% in sequence.

Now the income of both parties is added to their account but here is also new story. The whole income of everyone on steemit is not a cashable value. Actually the whole income earned by an author or curator is divided into two parts as one part is steem power and other is steem dollars ( 50 % for steem power and 50% for steem dollars ).

These Steem Dollars are withdrawable while steem power is not cash. it is used to upvote other posts on facebook.

Further cycle of steemit will be discussed in next post. Don't forget to follow me for more such posts.

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Hi, infoworld! I just resteemed your post!
I can also re-steem and upvote some of your other posts


Curious? Check out @resteembot's' introduction post
PS: If your reputation is lower than 30 re-blogging with @resteembot only costs 0.001 SBD

Overall, the report contains a wealth of errors and inaccuracies....

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