I don't think that's correct. The $ units on Steemit.com represent STU (steem token units) and not SBD values. When payout happens, STU is then split in SBD and Steem after accounting for curation.
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I don't think that's correct. The $ units on Steemit.com represent STU (steem token units) and not SBD values. When payout happens, STU is then split in SBD and Steem after accounting for curation.
Yes that's right, but the $ values we see on steemit.com are not in US Dollar.
If a post has a reward of $10 the actual payout is worth 10 SBD (paid out in Steem) and not 10 USD. If I'm right. The actual payout in Steem is worth less than 10 US dollar at the current Steem price.
Please correct me if I'm wrong :)
You are wrong :D
Right now as there is no SBD paid out at all, you can divide the $ amount you see on steemit.com (called STUs) by 2 and you will have the author rewards which will be paid out in SP. (+your amount of curation if you selfupvoted your post)
If we have liquid steem ratio at 0% (currently 100% which mean no SBD is being paid out) there is a complex calculation of how much SP and SBD you will receive.
check out
https://steem.supply/rewards
to get a feeling for what I mean. It shows the old HF 20 split, but explains it very well.
I know there is no SBD paid out right now, but no US dollar either. Authors and curators receive STEEM only, but the reward is shown in $. The Steem that is paid out is in US dollar terms worth less than the $ amount shown.
If you multiply the amount of Steem that is paid out for a post by the current price of Steem in US dollar it is currently less than the reward that is shown on steemit.com. A post that shows a reward of $10 currently distributes an amount of Steem that is worth about 10 SBD.
Edit: This is only true if the liquid steem ratio remains at 100%. Therefore, I think you are correct it is better not to show the rewards in my chart in SBD, but in $ (the same as on steemit.com).
There is no $ shown on steemit.com
It is STU, but they use the dollar sign. It's in the FAQ.
"A post that shows a reward of $10 currently distributes an amount of Steem that is worth about 10 SBD."
I am quite sure that this is not correct. 10 SBD is 49 Steem right now. This would mean you get 25 Steem as the author for a 10 STU post.
I take your post as an example. Your post had a reward of $2.32.
$1.12 for the curators and $1.19 for you as the author.
You received 2.831 liquid STEEM and 2.831 STEEM POWER, a total of 5.662 STEEM.
The STEEM price at the moment of the payout was $0.162 (set by the witnesses).
5.662 * $0.162 = $0,92 US dollar. So the STEEM you received for your post is worth 0,92 USD and tot $1.19 USD.
I think that's about right.
My post as an example:
A total of almost 99 STEEM (author + curators), but 99 STEEM is not worth $20.81 US dollar.
20.81 SBD is 103 STEEM right now.
I have replaced 'SBD' with '$' in my reward curve chart on steemnow.com. Better so :)
Thank you for this. A little confusing for me but it seems to fit.