Hello my fellow steemians. I am a little confused with our payouts, I was hoping someone would shed some light onto this.
I received a payout in $5.54
However my wallet shows this.
NOW I am no mathematician, but I do believe that there is little over $2.00 worth of payout unaccounted for. What gives??
Hey this is a very good question. Get on the Steemchat and ask. I’m sure someone will know, then tell us what you find out.
Thanks!
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Thanks brah im in a steemit discord channel i will ask around.
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Hey Alan,
just checking in on the status of this. Did you find anything out on Discord?
and thanks for looking into it and rising the question. I've been curious about it myself.
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Yah it was explained in one of the comments
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you're stirring the pot, alan. better watch out O_o
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I suspect I don't have much time left.
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Hey, nice blog. I have the same problem. After my first payout, I had much less money in my wallet. I don't know why...
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@bowstar lmaaoo I love that GIF.
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It's from "The Office (US)" (great TV show)
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Sorry if you already have your answer as i'm late to seeing this but it appears SBD are paid pegged to the USD so you get half of your $5.54.... hence $2.767.
SP is not pegged and is the value of steem at the time so 0.671 SP was actually worth $2.76 on the day you received it. So in total you did receive $5.54.
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thanks for the reply but isn't the value of SBD, currently, higher than Steem, so shouldn't we get more SP in the process? unless the price of SP is higher due to anticipation to the increased value of the platform over time. Still not sure why this is happening. Thanks for the explanation.
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Within the Steem platform 1 SBD is always more or less equal to 1 STEEM regardless of outside prices on exchanges - if you look at the internal Steem market they trade close to 1:1 . I'm fairly new myself so don't take my word as gospel but that seems to be the case. STEEM is actually worth more than SBD on Bittrex, for the first time in ages.
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thank you so much for explaining that to me it makes sense now.
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@tetsuo
@Mettalica73 explained it
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hey, sorry I am a little slow about financial and economic stuff, but I still don't understand what this means.
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