RE: New on SteemNow.com: The reward curve

[ew-and-patterns]

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.

Comments

[penguinpablo]

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).

[ew-and-patterns]

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.

[penguinpablo]

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.

10 SBD is 49 Steem right now. This would mean you get 25 Steem as the author for a 10 STU post.

I think that's about right.

My post as an example:

Pending payout amount: $20.81
Breakdown: 0.00 SBD, 49.31 STEEM, 49.31 SP

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.

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I have replaced 'SBD' with '$' in my reward curve chart on steemnow.com. Better so :)

[ew-and-patterns]

Thank you for this. A little confusing for me but it seems to fit.