S.T.U (Steem Token Unit) Steem. And How Rewards Are been Split between Authors in SBD, Steem Power and USD Explained
S.T.U (Steem Token Unit) Steem. And How Rewards Are been Split between Authors in SBD, Steem Power and USD Explained
So lets talk about STU and what this is in short detail
This is actually a STU or Steem Token Unit which is totally different from SBD and Steem as main currencies, STU is the underlying value storage in the STEEM blockchain, another name for this is VESTS so please go to https://steemd.com to see how much VESTS you have, recommended for minnows too.
This Image Is Illustrating the true value of this post, remember the actual value displayed on this post over on steemit would be 35 $ potential payout, but here you can see its 35.004 S.T.U
with 17.002 sbd and 3.676 (sp) Steem power Split after loosing 25% to curation
True value of this post is shown in the image bellow 117.23 usd at the time of this post 1 sbd= 6.841 USD on exchange.
Now we will use a break down calculation of a 100 $ post
You will always be sharing 25% of your total STU to curators.
The remainder for you is 75 STU.
Then there is a 50 / 50 split explanation below.
You will get the first half of your 75 STU in SBD, Half of 75 is 37.5. So you will receive 37.5 SBD
You will receive the second half in Steem Power at whatever the internal Steemit price for STEEM is in USD So let's say the internal STEEM price is $6, you get $37.5 / $6 = 6.25 Steem Power as you can see.
The Final payout explained
At the end of these calculations of our 100$ post that i said was in STU you get 37.5 SBD and 6.25 (Sp) are Steem Power end result.
Your Post is Worth way way More Than 100 Dollars Display on Steemit
I'm going to show you the real value of your post, so let say the fiat USD value of Steem is =6$, and the SBD to USD value is =8$ Then 37.5 SBD multiply by 8 would = $300.And the 6.25 worth of Steem power (sp) would be = $35.5So 100 STU that is been displayed on Steemit.com beside your post is 335.5 in USD after the 25 percent curation split.
This Might seem a bit confusing to understand for some people, but, you just have go over this two times and you will get it
I hope this was helpful to you, please leave your questions in the comment if any.
One Love To All From @youngjerv
I was trying to figure this out yesterday but was having a hardtime on solving for the 50% steem power. This is a crystal clear explanation after reading it twice. Thanks man.
You are welcome bro, i see a lot of people having a hard time figuring this out here on steemit so i had to drop this post , glad i helped
why is half of the STU, divided by the dollar price of steem power? Shouldnt it be 37 times the price of steem, which currently is about 4 dollars. 148 dollars worth of steem power? SBD is almost the same price as steem, so shouldnt it have been 32 in steem power, or something? It seems like Im losing money, not gaining? Is this right?
i spent over 46 sbd, valued at 161, to get back 166. doesnt make any sense whatsoever. It seems like for 75 percent of 100, 75 STU you should get 37.5 sbd and 37.5 sbd worth of steem power, not 37.5 divided by steem power price.
"You will receive the second half in Steem Power at whatever the internal Steemit price for STEEM is in USD So let's say the internal STEEM price is $6, you get $37.5 / $6 = 6.25 Steem Power as you can see."
Can you help me figure out why the post payout, 75 percent of approx 99 sbd only paid out approx 37.5 sbd and 9.5 sp? I had put over 46 sbd into the post, and did not lose any of the bids. So how did i end up losing money?
The posts are listed in sbd, so it should have been 75 percent of 99 sbd. Im confused.
https://steemit.com/informationwar/@miss-j/trump-signals-time-limit-on-swamp-shenanigans-while-ex-cia-brennan-sends-threat-to-the-president-again
Can I ask where yoh get that beautiful blue screen that gives post details like title, STU payout and the sbd and sp payouts beneath it?