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RE: How Much is Your Post Worth? [A Steemit Rewards Guide]

in #steemit7 years ago

Thanks for the post, but I am a bit confused with the last part of the graphic that says divide $x by the market value of steem.

Suppose the market value of steem is $4. If I am getting a 100% SP payout for a $10 post, then I will divide my author chunk ($7.50) by the market price of steem ($4) which is 7.50 / 4 = 1.875. So I make $1.875 if I choose to be paid out in SP?
I believe that $7.50 number is correct for USD, and I would have 1.875 STEEM tokens. Am I confused or is the graphic backwards/confusing?

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Good catch on the Steem Power part! Our language was a bit confusing, just updated it :)

Ooo glad I could help! Keep doing what you're doing I love all the stuff you're curating for us steemians!

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