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RE: THE TRUE STORY OF THE DEATH OF KURT COBAIN

in #music7 years ago

So rad to get him in on this. Steemit is just getting started and as you have already seen payouts can be significant.

Fyi i saw you asking about steem payouts.
They work like this:
75% goes to you, 25% to your curators.

Of the 75% you get, 50% of that is paid in steem and 50% paid in steem backed dollars.

The steem backed dollars are paid out as if they are only worth 1 usd but they are worth more.

So $100 post will get you a 75 pay out, which equates to 37.5 SBD, and 37.5 usd worth of steem.

Since SBD are worth $5-7 usd each you are getting way more usd than it seems.

Make sense?