⚠️ Steem Payouts Are NOT What You Think (Important for Everyone!)

in WORLD OF XPILARyesterday

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Many users on Steem still believe that post rewards are shown in real USD.
That is not correct — and it’s causing a lot of confusion.

👉 The payout you see is based on SBD (Steem Backed Dollars), NOT actual dollars.


🔎 The Problem

Steem displays rewards as if:

1 SBD = $1

But in reality, SBD often trades below $1.

📉 Example right now:
1 SBD ≈ $0.5040


🧮 Simple Example

If your post shows:

➡️ $10.00 payout

Most people think:

“I will receive $10”

But here’s what actually happens:

Real value:
10 × 0.5040 = $5.04


⚖️ Reward Split

That $5.04 is then divided:

  • 50% → Author
  • 50% → Curators

So you actually get:

  • ✍️ Author reward ≈ $2.52
  • 👥 Curators ≈ $2.52

💡 Final Reality

Even though your post shows $10, you only receive:

➡️ ~$2.52 in real value (as author)


❗ Why This Matters

  • The displayed payout is misleading
  • It assumes SBD = $1 (which is often false)
  • Both authors and curators earn less than expected

🧾 Simple Formula

Real Value = Displayed Payout × SBD Price
Author Reward = Real Value × 0.5


🚨 Conclusion

If SBD is below $1, your actual rewards are much lower than what you see.

👉 Always check the real SBD price before estimating your payout.


Feel free to share this so more people understand how Steem rewards actually work 👍

@steemcurator01

xpilar.witness

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https://steemit.com/~witnesses type in xpilar.witness and click VOTE

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It's really misleading and confusing, especially as a beginner.

 7 hours ago 

It is not easy for beginners to understand Steem Dollar (SBD) as most newbies have not even been paid in SBD

Will 1 Steem Dollar always be worth $1.00 USD?
The market value of a Steem Dollar is dictated by the supply and demand of the token. Therefore it is possible for 1 SBD to be worth more or less than 1 USD depending on market conditions.

payouts are always calculated based on the value of SBD

SBD is listed on the HTX crypto exchange and it is also possible to buy/sell SBD/Steem on the internal market

I think this was updated at one point, maybe 2 years ago, it was to reflect more effectively the real rewards, perhaps a update again could show more realistic earnings.

It's always a good idea to remind users because people seem to forget. That's the problem with using the dollar sign. They should really change it to the Steem symbol, or an alternate. It wouldn't be a necessary change, but a quality of life one that brings more clarity.