How does my STEEM post payout work? The short and sticky of it.

in #steem7 years ago

I hear a lot of people asking how the payouts get calculated on STEEM

Here's the lowdown:

Where do these numbers come from?

Half of your payout is SBD

2.12 / 2 = 1.06 SBD

Half of your payout is paid in DOLLARS, which you will receive in STEEM POWER (voting shares)

the feed price at steemd.com is 2,120 (its a 3.5 day average of the dollar value of STEEM)

$1.06 / 2.120 = 0.5 STEEM ($1.06)

Please vote if you find this useful and concise.

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It’s great to have this explained for the newbies

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