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RE: @tipU Update: Tron rewards and SBD Price :)

in #steem4 years ago (edited)

Half of the payout will be in SBD. SBD price currently at 3 USD so your payout will be much more than $8.

Math time:
You have sent $8.75 (50 x 0.175 USD)
Payout will be 8 Steem Dollars, 1/4 of it will be SBD so 2 SBD.
1 SBD = 3 USD
2 x 3 = 6 USD

And the other half will be paid in STEEM of 4 USD value. 6 + 4 = 10 USD :) So ROI is at 125%.

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That was the explanation that I was waiting for! Thank you, my friend! So, receiving $18 yesterday, my ROI will be unbelievable...

there is some wrong:

You have sent $8.75 (50 x 0.175 USD)
Payout will be 8 Steem Dollars, 1/4 of it will be SBD so 2 SBD.
1 SBD = 3 USD
2 x 3 = 6 USD

And the other half of half (1/4) will be paid in STEEM of 4 USD(should be 2$ ) value. 6 + 4(should be 2$) = 10 USD(should be 8$) :) So ROI is at 125%(should be 100%).

Note: but if SBD down, will be lost.

I'm also curious about this scenario.

What if by the time the post payout after 7 days, the SBD price already went down to half of the current value or worst drop down to the usual +/- 1$?

yes, it will be. SBD at more than 1$ can not keep long time

Thanks, my mistake :) Already tweaked the upvote to be x1.2 of the payment.