Understanding Potential Rewards
We always see that we have potential rewards labeled with usd sign but that does not means it was dollar in value!
- We often measure success through how much potential rewards we had in our post. Often compare ourselves to others that they have more potential rewards than ours but we don't even bother to look at that post what really happen, contents about, how much struggle the owner of that content faced but only their potential rewards!
It is true that what you see in the picture above illustrate SUCCESS!
How much Really rewards do we have?
- First, Which Potential rewards Do you choose?
The default (50% / 50%)
- This means that half of you rewards will be Steem Power (SP) and half will be Steem Dollars (SBD)
Example: $10.00 POTENTIAL REWARDS
Post will always be less with 25% curation rewards back to those who upvoted your post and this vary sometimes. It could reach to 25% or less.
Author rewards will be divided into (SP) and (SBD).
-- You will recieve $3.75 worth of STEEM POWER (SP)
-- You will recieve 3.73 Steem Dollars (SBD)
Given the data above, If sbd is worth $7 each in the market, 7x3.75 which is $26.25 plus $3.75 then you will have $30 post rewards!
Power Up (100%)
- This means that all your Potwential Rewards will be in Steem power.
EXAMPLE: $10.00 POTENTIAL REWARDS
- Still we have the same for curation rewards of 25%
- The author Rewards will be $7.50 worth of steem power.
Given data above, If steem value in the market is $6 each, you will receive 1.25 Steem Power (SP)
My conclusion when it comes to profits, (50% /50%) rewards is best to gain more!
- While If you choose Decline Rewards, you simply cannot receive any rewards.
For best result and Motivation, Used http://steem.supply/ by dragosroua
Do you have any Question About Potential Rewards, Comments below Specially the New Steemians!
Previous post!
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Thanks for this one.. :)
thank you ani sa info @albertvhons, dako ug tabang.
maghimu unya mo ug coinsph nga account unya everify, para ang inyu rewards puhon sa coins ph ipaage din withdraw sa cebuana or gcash, or banko
Ako na gi share it og coins na application
unya everify para makawithdraw, kay dili ka withdraw ug dili verified ang account!
Great post for newbies like myself. I love it here and realize this is going to be hard work. I followed you and resteemed. Hopefully you will follow back
its a nice post to educate newbies..
Thank you very much for this post! It looks like it took some time to create.
Your timing is perfect! I just joined a few moments ago and was trying to confirm how the system works.
I look forward to being a part of the community. Keep the informative posts coming!
I think I understand what you've illustrated here. Thanks! But I have questions about what constitutes author and curation rewards with regard to comments.
If I someone comments on my post and I upvote it does that person get an author or a curation reward.
if i comment on the comment and someone upvotes it do I get an author or a curation reward? What about the person who upvoted the comment?
If I comment on someone else's post and it gets upvoted is that an author or a curation reward?
Where upvoted comments fit into the equation has been puzzling me since I joined.
the answer is YES!
your comment is also a post! and the calculation will be (50% / 50%)
So really it's about writing vs upvoting and has nothing to do with who wrote the original post. I think that's where I was getting confused, e.g. if I comment here and it is upvoted 0.01 that is exactly the same as if I commented on my post and the comment got 0.01. Is that correct?
yes, you are correct!
if you are more capable of commenting those generous steemians who upvoted all there commenters, you might get lots of potential rewards in commenting rather than creating your own post.
and this was intended to post less and comment more and stop spamming
Thanks for that explanation. I am doing a bit of both in these early days although the balance of my time is going to commenting. Sounds like I'm on the right path! 😊
Thank you for this post, answered a lot of my questions. I still have one though, if I upvote a post early does that mean I get more curation rewards compared to upvoting it when it already has a lot of upvotes?
Salamat ulit! :)
no, it doesn't work that way,
curators will always gets 25% or less
Ohh, okay got it. Thank you so much :)
Nice explanation. As long as SBD is above $1 i believe it is more profitable to get 50/50 payout and convert on the exchange.
This post has received gratitude of 0.63 % from @appreciator thanks to: @albertvhons.