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RE: STEEM Token Unit (STU): When A $ Is Not A $: Plus The Damn Is Breaking On Active Users!!!!

in #steem7 years ago (edited)

Hey @taskmaster4450, thank you for this info. This is massively helpful. That $ next to posts and comments has always confused me because it doesn't seem to add up to the payouts. I also didn't understand the 75/25 + 50/50. This is totally cleared up now for me!

It's interesting that the $ symbol helps us easily associate with the financial rewards of the post. But it's also misleading into our believing that it represents the equivalent payout in USD.

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You are welcome @sagescrub.

Steem.supply was corrected to now reflect the $ meaning STU instead of dollars.

The payout amounts listed on there went way up LOL

I was referring to the $ symbol on Steemit under each post and comment being misleading, not steem.supply. I found steem.supply + your post quite helpful in disseminating the whole STU that I didn't even know existed :) I think i'll be visiting steem.supply regularly. But it's nice to know the payouts went up too!