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RE: Don't Loose Money by Setting posts to 100% Steem Power!

in #steemit-help7 years ago

Oh, you're fine. Definitely worth asking.

To set the payout type (100% SP, 50/50, Decline) on a post, just click the "Rewards" box in the bottom right of the editor. (Same idea on comments.)

Now, it does default to 50/50 and it will remember your selection after it's changed. Regarding your concern that your's isn't set 50/50...

  • Don't worry, you are set correctly to 50/50. If you weren't you wouldn't be getting any SBD at all.
  • The reason your seeing this strange split is due to 50% the post value (after the curator cut has been taken) going into Steem Power at the 3.5 day average market rate of Steem. The other 50% then goes into SBD.

So say that you have a $12 post and you get $10 after the curator cut is taken out. $5 will go towards Steem Power at say $2.50 per Steem. So you would get 2 SP. Now the other $5 goes into SBD, but instead of using a market rate, it uses $1 USD = 1 SBD...hence you'll get 5 SBD.

However with SBD going for at least $10 right now, you're getting $50! I've been exchanging my SBD into Steem lately at around 5 or 6 Steem for 1 SBD.

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Ok. That makes sense why the payout appeared to change.

I swear I’ve never seen the 50/50 when blogging or typing comments but it’s right there. 🙄

Hehe, it's all good. There's so many other things going on, plus trying to format, spellcheck, get links, etc it's understandable.

If it's helpful, THIS was the last in a series of guides I wrote months back. You'll find links for the older ones at the bottom. :)

Great! I'm sure they will be helpful!

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