Hello steemit Friends,
Today I want to talk to you about Reward option we have when we authored a new post:
- POWER UP 100%
- DEFAULT (50%/50%)
- DECLINE PAYOUT
POWER UP 100%
As you know you take 75% of the rewards (while 25% goes to curator) and if you choose this option 100% of your reward will be paid entirely in STEEM POWER. If your post earn 100, you will receive 75 STEEM POWER.
DEFAULT (50%/50%)
If you choose this option 50% of your reward will be paid in STEEM POWER and 50% in SBD. If your post earn 100, you will receive 37.5 STEEM POWER and 37.5 SBD.
Now let me explain to you HOW TO MAKE MORE MONEY with your post!
When you authored a post you have to take a look to STEEM and SBD quotation before decide to choose POWER UP 100% or DEFAULT (50%/50%).
You could see the price here:
but there are a lot of website where you could find the price.
When SBD price is slightly higher then STEEM price, you have to choose to be paid DEFAULT (50%/50%).
When STEEM price is slightly higher then SBD price, you have to choose to be paid POWER UP 100%.
So, let's have some very few examples to get a sense of what I'm talking about here.
In this moment SBD is around @1.66 while STEEM is around @1.15..
Let's assume you choose POWER UP 100% and your post earn 100. When you will receive your payout you will be credited 75 STEEM POWER (in usd 1.15*75 = $86.25)
If you choose DEFAULT (50%/50%) and your post earn 100, when you will receive your payout you will be credited around 37.5 STEEM POWER and 37.5 STEEM POWER ( [1.1537.5 = $43.13]+[1.6637.5=62.25]=$105.38 )
YES, you heard that correctly!!!! In this moment if you choose POWER UP 100% you will earn $86.25, while if you choose DEFAULT (50%/50%) you will earn $105.38 !!!!
A big difference, don't you think?
So, at the moment YOU HAVE TO CHOOSE DEFAULT (50%/50%) because SBD price is higher then STEEM price!
Now I have a second TIP to you!
if you want to convert your SBD into STEEM, always use the CURRENCY MARKET available in your wallet:
OR
You will be able to chose the price to which you will sell your SBD and you will not pay any fee.
Choose a good price but don't overdo it , otherwise if your price is not realistic your order will be not filled!!!
I suggest to always convert your SBD into STEEM and then POWER UP your steem because in this way you will help this community grow faster!!!!
Thank you for taking the time to read this post and if you do value it enough, please UPVOTE and RESTEEM!
photo source 1