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RE: How Many USD Authors Really Get per Article – Steem Dollars Explained

in #steem • 8 years ago (edited)

Thanks @mctiller,
I hope this answers your questions:

  1. As far as I understand yes. To me it seems that the first payment is based upon the 50 : 50 split, while the all following payments 7 July and forward are 75 : 25.
  2. Yes post 7. July you are paid daily for your content and votes.
  3. It depends on the type of conversion:
    • internal market: The price of steem does not matter. Assuming that the internal market is fair than you will be able to trade immediately 1:1 -- Steem Dollars / USD.
    • blockchain conversion: Here you have to wait 7 days and you are right only if the price stays the same you will get a 1:1 conversion.
8 years ago in #steem by
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     8 years ago 

    Thanks. That does help.
    Now I just need a tutorial on how to use the internal market. :)

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