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RE: Have Steemit Questions? Come Ask me Live..for FREE! (Wed, Jan 10th @ 7pm CST - 1am GMT)
Oh, like not be calculated exactly the same in the wallets estimated value?
I have seen that they're slightly off in that calculation, but haven't determined exactly why just yet. However, I can guaranty that 1 Steem = 1 Steem Power on the actual market (even if the estimated value is treating them a bit differently.)
:)
ohh thank you..good information....but it just looks strange in author rewards))))) e.g. 6.048 SBD, and 0.877 STEEM POWER for aksinya/sketching-class-on-line-part-iii-signs-and-comments
Ahh...so the author cut on that post was $12.10. With half ($6.05) paying as SBD and half as the SP.
The SBD portion probably looks about what you'd expect, with it paying $1 US = 1 SBD (even though we can sell the sbd for way more right now)
$6.05 US = 6.048 SBD (I'm ok chalking the difference up to rounding error here)
Now the SP part...this is paid out using the 3.5 day avg price of Steem at the time of payout: (I estimated the 3.5 day avg price to be $7.)
$6.05 US = $6.05 US / (1 Steem / $7 US) = 0.864 Steem
--- this being a bit low means the avg steem price was a bit less than $7, which is reasonable to me
Did that help? I hope I didn't many it more confusing! :)
Thank you very much!!!!!!!! I got it.