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RE: Steem Price Daily - May 17, 2018

in #steem6 years ago (edited)

It would benefit in the long term. The lower the price of Steem, the more Steem Power you can earn. If the price of Steem was 10 cents, you'd be getting 3.750 Steem and 0.375 SBD for each $1.00 of post reward.

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Thank you very much! Now I understand. The low price of steem means 50% of total payout, will be converted in steem. The lower price of steem in comparison to SBD means more Steem from the total payout! This is good!

yep. and SBD reward payout never changes, always half of 75%, or 0.375 SBD. Just divide 0.375 by the 3.5 day price of Steem (top right corner of steemnow.com) to get your Steem Power payout for every $1.00 of post reward.