I was just scrolling through the "new" feed this evening and I see a lot of people are still powering up 100% on their posts.
If the price of SBD is higher than $1, stop powering up 100% on your posts.
Now some of these people are brand new and making their first post. Hopefully soon they'll realize what the difference is and change their ways. But others seem to have a much higher reputation and are still making the same mistake.
I'm not going to get into the fine details. There are plenty of posts explaining how this is working. I'll just show you an example from my last post payout with a little bit of math thrown in.
I'm not a big earner here, never really was, and I'm okay with that. But, powering up on your posts directly is just throwing money out the window wether you're here for the money or not. It just doesn't make sense to do.
Here's my last post payout.
So the post made $2.95 in total and $2.80 went to me depending on wether I powered up 100% or not. It's how it's divided up at payout time that makes the difference. I'm also not sure why the curation payout is at like 5% instead of 25% percent, but that's an issue for another post I guess.
Let's look what I would have made if I powered up 100%. Here's the price of steem right now in USD.
$2.80 payout / $4.56 PER STEEM = 0.614 STEEM
I would have received 0.614 STEEM for this post had I chose to power up 100%.
Now lets look at what I actually got paid from steemd.com
0.356 SP and 1.402 SBD
We already know the price of steem is $4.56 right so...
0.356 SP PAYOUT X $4.56 PER STEEM = $1.62 worth of STEEM
Plus lets look at Steem Dollars (SBD) now too
1.402 SBD PAYOUT X $5.80 PER SBD = $8.1316 worth of SBD
So....
$1.62 of STEEM + $8.13 of SBD = $9.75 TOTAL PAYOUT
Okay, just stopping there you can see that just taking the 50/50 payout will yield you 348% more in USD than if you had chosen the 100% SP option. The numbers aren't completely accurate because it's been about 10 hours since payout and the price of STEEM and SBD has fluctuated a little since then, but not so much that I can't make my point.
From there you can still power up 100% using the market to sell your SBD for STEEM and then powering it up. Using these numbers as an example, you would get 2.13 SP instead of the 0.614 SP through powering up 100% initially.
Now this is for a $2.80 post. Just think about the difference of a $20, $50, $100, or $1000 post. There are some well established steemians here who get those payouts all the time. But for a lot of people, that sort of post payout only comes along on occasion, if it's even happened yet. So you don't want to have that potential earnings cut down to a fraction of what they could be because you clicked the wrong button.
Just imagine if you normally make $2 a post and you've been powering up 100%. It seems good to be making 0.5 SP a post, but then a whale comes along and gives you a nice fat upvote and boosts your last post up to $80. Without really doing the math, that could be about 40 SBD ($232) you just flushed down the toilet because you clicked the wrong button and you might not see that sort of payout again for some time. Instead of a $300 payout, you get about $75 payout because you clicked the wrong option before hitting that post button.