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RE: 10X TED GOES TO 10X TOWN- A Steemit Original Production
Hey @grantcardone, great post.
I noticed that you’ve chosen to get the payout in 100% Steem. Usually this is great but if you opt for 50/50 then the post will be worth 3.5x more at present.
How so? Never know what to choose
When you select 50/50 you get half paid out in SP and half paid out in SBD (Steembacked dollars).
SBDs are over $6 right now but are still pegged as $1 in terms of Steemit paying out.
So a $30 payout on a Steemit post will get you 15 SBD (minus curation rewards) and the rest in SP.
But those 15 SBD are actually worth $90 right now so you are getting much more USD for your Steemit payouts right now if you choose the 50/50 option.
Hope this helps
Whoa, totally didn’t see your reply @chiefmappster. Could’ve saved myself some time!
Woahhhhhh for real I didn't see yours either. We must have been commenting at the same time haha
Awe lol ;)
That’s fair enough. The 50/50 split pays 50% of the value in Steem Power & 50% in SBD.
SBD is meant to be pegged at $1 so a $100 post gives $50 worth of Steem (Steem/7 Day market average)
& 50 SBD.
The peg is currently broken and SBD is trading at $6.12 as of writing this. The post value estimation doesn’t take this into account so that 50 SBD would be worth $306 + the $50 worth of Steem (Around 8.33 Steem.)
Hope this helps.