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RE: Can We Change The UI to Display Rewards in USD?

in #steemit7 years ago

you are right about wrong numbers, but here is another question: if post show in sbd then why we receive 50% of it lets say 40 steem power and other amount 50 sbd ( from post of 100$ ) , because as i know in internal market steem now is like 1 sbd =5-7 steem, so we should receive from post 200 steem and 50 sbd this will be right, but somehow steempower is fixed on usd dollar ? any idea why its so?

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The way I understand the situation, Steem and SBD are 2 different tokens tradeable in the crypto market..so they have different values. Some months ago when I joined steemit.com 1 SBD is almost equal to 1 Steem so that when you sell your SBD you know how much you will get in the terms of the exchange rate in the platform. Now, the market shows that steem´s value suffered a loss as SBD is up.

nice what you siad but could you help me how can be ? really it's nice dear

ys question is from post rewards we receive not the numbers of internal markets in terms of steem power. We should receive much more.

50% of the value shown is paid out in SBD and 50% in Steem.
For every dollar shown you receive one SBD, the Steem you receive is determined by the blockchain.

An example (curation rewards are not considered here: Your post is upvoted by someone with that much Steem Power, that you would get 1 Steem. 1 Steem is currently worth $1.92, so Steemit shows that your post is worth 1.92$.
After payout you get 50% in Steem, that means 0.5 Steem and 50% in SBD that means 0.96 SBD. It doesn't matter how much SBD is now worth in the markets.

ye before i thought that in your example 1 Steem is currently worth $1.92, i thought they show in SBD worth not in US dollar. And because sbd is always in system 1$ then its 1.92 sbd

It is shown in USD not SBD, right. That's why you receive so much SBD.

1SBD =5 USD to 7 USD. That does not mean it is equal to the same in steem. This is not how it works. These currencies are independent of each other. One is tied to USD whereas the other is not. For one SBD, you would get 3 steem if steem/USD =3

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