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RE: Exchange Transfer Report: 1/7/2018 to 1/13/2018
Help me understand this Luke. Right now with the current price of Steem and Steem dollars, if someone upvotes a post and awards the author $1, it is actually $6.75 USD?
Yes, but not all of that goes to the author. 25% of rewards go towards the curator who voted up the post as Steem Power (vested STEEM) and 75% goes to the author as 50% Steem Power and 50% SBD. Of the SBD portion, yes, if it's more than what is displayed.
Makes sense, thank you!