What is SBD and How do I use the Internal Exchange?

in utopian-io •  6 years ago  (edited)

 Repository

https://github.com/steemit/steem   

This is an update to my #fundition campaign to produce and publish a course on the STEEM Economy.  You can read the initial application and news here with this link: https://fundition.io/#!/@paulag/yl5013tub 

This course is an entry level course for those using STEEM that need a better understanding of the Ecosystem and Economy.

So far I have shared with you the first 4 videos and you an find links to these at the bottom of the post. Thank you to everyone for supporting this project.

Today I am delighted to share two further tutorials on the STEEM Ecosystem.  SBD and How to use the internal market on STEEM.

Requirements

A desire to learn more about the STEEM ecosystem.  A STEEM wallet would also be a benefit.

Difficulty

- Basic

- Intermediate

Description

What is SBD?

In this lesson we will discuss the concept of SBD as a token pegged to $1 and its use on the steem blockchain.

How Do I earn SBD?

SBD is often paid out in Author rewards and it depends on your post settings and some more complex factors.  In this lesson we will look at setting your post rewards and will discuss.

How else can I get SBD?

SBD can be gifted, won, purchases internally and purchases externally.  In this lesson we will explore these options in more detail.

When Should I take 50% liquid and 50% SP over 100% SP

There are times when it is better for your back pocket to take payouts 50% liquid and 50% SP over 100% SP.  Learn how and when to make this choice in this video



Description

In this second video tutorial you will learn

Why you should use the Internal Exchange

In this lesson we will discuss the benefits of using the internal exchange

How you should use the Internal Exchange

This lesson is a step by step on using the internal exchange



Curriculum

So far I have published 6 videos from this course on the blockchain.

You will find the first two here in this post.  The Introduction and the STEEM wallet overview

https://steemit.com/tutorials/@paulag/online-video-course-understanding-the-steem-blockchain-economy-update

In this post you will find the next two videos covering STEEM and STEEM Power

https://steemit.com/utopian-io/@paulag/what-is-steem-and-steem-power-video-tutorials-1540330487769

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Hello @Paulag

These videos that you are doing are excellent and certainly help new people coming on Steemit. I would have wished I had this set of tutorials to study when I started.

You are doing a good job in your presentation. Lessons are structured and easy to follow.

I look forward to your next contribution.

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Thank you for more amazing feedback. The lessons are rather basic, hence adding two to each post. There is only 2 more lessons in this series, but it is proving popular

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Thank you for your review, @rosatravels!

So far this week you've reviewed 2 contributions. Keep up the good work!

These contain such essential information for anyone managing a Steem account. Do I remember you saying that these will be available with subtitles for people with limited English?

Thank you Paula for your commitment and tireless support of Steemit. Upvoted.

Hay @leoplaw thank you soooo much for your support

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Basic level information shared which is very useful for a better understanding. Thank you #paulag

Basic, but must have information 🤓

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This is great work! This information is great for new users onboarding and will be very important as more users join via the different communities taking advantage of the create account feature recently started after Hard Fork 20. I have started to refer new users using the #introduceyourself tag to these videos for their benefit as part of my curation efforts. Thanks for your commitment to the improvement of the ecosystem.

You rock, thank you so much for spreading the word. Its amazing how people here on steem help each other like this

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Great Tutorial @pualag! Ironed out many questions I had! Also, I Love your accent lassy! ;)

😄🤓😄 thank you

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Hi @paulag!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your post is eligible for our upvote, thanks to our collaboration with @utopian-io!
Feel free to join our @steem-ua Discord server

Good to get some golden words from you. The tips were great. Even i prefer internal market too for getting sbd converted into steem and them sp...alwaus an easy mode.

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The internal market is rather poor for visulisations, but other than that, i love it

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Nice tutorial dear
But you did not explain how curation rewards affects the steem token units that shows up beside an upvoted posted.

Hello @paulag, do you know who started @fundition and how to associate with the project ? It looks really awesome!

This project is being supported by @Fundition

Fundition is a next-generation, decentralized, peer-to-peer crowdfunding and collaboration platform, built on the Steem blockchain.

#upfundition and #fundition tags on Steem represent the projects that are started on https://fundition.io.

Are You Prepared to Make the World a Better Place too?

Read the full details of Fundition Fund program

Learn more about Fundition by reading our purplepaper

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