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RE: Don't Do "100% Power Up" For Post Rewards When SBD Is Over $1!

in #steemit7 years ago

The issue is the price of SBD. The price of Steem doesn't matter. If a post is worth $50 in SP, then it will be paid out $50 in Steem. However, SBD is pegged at $1 when rewards are paid out -- it doesn't matter at what price the market is selling it. So your SBD will be worth MORE, while your SP will be worth whatever the market is trading it at.

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Thanks that makes sense to opt for payouts in SBD then.

I have a follow up question for you then. I've noticed that the 50% SBD/ 50%SP payout option has not been equal lately.

For example:

v4vapid — Steemit(16).png

Even after curation is paid out i should expect a 50/50 of SBD/SP...

But that hasn't been the case of late.

Author rewards by v4vapid — Steemit(2).png

I know you're not an expert either, but any idea why we seem to be receiving about 50% SBD and maybe 25% SP?

Maybe this is an inflation thing?

Anyways, have a look at your own author rewards in your wallet.

I do not know about this. Perhaps it has something to do with vests or curation rewards.

lol I really don't know.

Converting it to steem u do lose significant amount at the moment tho as just bought steem with 3 SBD's and only got back less than 1.3 steem. This was a conversion which took the 3 and a half days and not a straight market buy so as a newbie at this dont know if it makes much of a difference.

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