RE: Hi, I'm Ransome. What's This All About?

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Hi, I'm Ransome. What's This All About?

in introduction •  5 years ago 

Hey, jmehta, thank you for the warm welcome. I have a question perhaps you can answer. I keep seeing blog posts that say "Pending payout amount" and then a Breakdown of SBD, STEEM, and SP. What does that mean? If someone earns 100 STEEM, and STEEM is only $0.14 per $1.00 USD, does that mean that person earned $14?

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The post earns 14$, however you earn 75% of the post as the author.
The remaining 25% is curated with the users have upvoted and commented on the author's post.

I hope this makes sense.