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RE: Question about Author reward. Steem Dollars, Steem Power in practice.

in #steemit8 years ago

Steempower is not at the same rate as Steem Backed Dollar. Steempower is a fictional number which represents the amount of 'vests' you gained. Steem is currently worth more than 1 SBD -> check the http://steemit.com/market to see market price. The SP price which steemit uses is an average of 7 days price fluctuations.

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Dummy me. That makes total sense. So the first formula should be

0.846 SBD(Total Post Payout) = 0.422 SD + 0.199 SP (Author Reward)?

BTW, thanks for adding Steemups and Steemians on Steemtools, buddy!