Why not to Power up
I saw a lot of people who powered up their posts.
Don't do the same ! You will loose money!
Steemit rewards are calculated in a different way. I mean the default 50%/50% is not 50% and 50% in dollars.
For example you have $200 at a post , 25% take curators and 75% take the author. So $50 goes to curators and $150 goes to the author.
Current Steem price = $4.4
Current SBD price = $3.90
So if your post is powered up 100% your $150 will be divided at the current Steem price and you will get 34.09 Steem Power (1 Steem = 1 Steem Power).
But if you use the default 50% Steem Power / 50% SBD you will get more rewards in dollars . See why :
▶ 50% of $150 it's 17.045 Steem Power
▶ 50% of $150 it's 75 SBD
If you convert to dollars you will have $17.045 * $4.4 = $75 and 75 SBD * $3.9 = $292.5.
So if you add $75 + $292.5 = $367.5
You will have $367.5 instead of 150 it is almost x2.5 times.
Don't Power Up 100%!!! You will loose a lot!
Thats nice to know! I wondered why people would do that and wondered if should do the same. Im glad I never did! Thanks :)
Thanks for the math on this :)
The numbers proof you are right!