Hi @shenanigator, If you earn $10 why is the earnings ''2.5 Steem Power and 5 Steem Dollars'' and not ''5 Steem Power and 5 Steem Dollars''? Thanks
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Hi @shenanigator, If you earn $10 why is the earnings ''2.5 Steem Power and 5 Steem Dollars'' and not ''5 Steem Power and 5 Steem Dollars''? Thanks
Because in that example steem was valued at $2.00 and he was describing 50/50 reward selection - 50% steem power and 50% steem dollars.
The steem power you would recieve gets cut in half in this example because its valued at twice as much as steem dollars. If it was valued at $1 you would have recieved the 5/5 but at $2 you get half as much.
Steem dollars are valued at $1 so you would get the full 5.
This can be verified on your wallet page.
STEEM DOLLARS
Tokens worth about $1.00 of STEEM, currently collecting 0% APR
You would only get 5 Steem Power if a single STEEM was worth $1. In my example, Steem was priced at $2. If the Steem price were $5, you'd only get 1 Steem Power. A $0.10 Steem price would result in you getting 50 Steem Power.