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RE: 💰 10 Amazing Uses For Your Steem Dollars

in #steem7 years ago

Thanks for sharing this post bro

With a higher Steem price you earn more SBD
When the price of Steem rises your post payouts will go up as well. If you have the 50/50 payout option activated then you will receive more SBD than with a low price. If the price of SBD itself goes higher than 1 US Dollar than it will be more lucrative to keep your posts on 50/50 all the time.

Is there any time that it is favorable to use the 100% SP option?

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Yes, when the SBD price is far below 1 USD.

Ok thanks. Is there any interest paid on sp or sbd?

Yes, there is something like a 1.9% yearly interest on SP. There could be interest on SBD as well but the witnesses have voted it down to 0% currently.

Sure, Steem sounds like a good idea to make the triplet complete. ;)

Good question I don't know!😀 😃 😄

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