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RE: Steem Bot Tracker - Send bids directly from the site!
I have a question: I sent 0.1 SBD to a bot (upyou) and it said that the vote value would be 1.08$ and as it voted I just got about 0,35$. Am I understanding the vote value wrong? Should I not get 1.08$ for the vote?
@aki0007 0.10 SBD $0.91 3.57% $1.10
https://steemit.com/bitcoin/@aki0007/china
Hi @aki0007, the bot tracker site shows values in USD based on the current prices of STEEM and SBDs. The post reward values shown on the steemit.com and other front end interfaces are wrong because they assume that SBDs are worth $1 USD, which is clearly incorrect.
So if it shows that you got $0.35 on steemit.com, then you need to first factor out the 25% curation rewards, so that leaves $0.26, and then half of that will be paid out in SBDs, so you should get about 0.13 SBD which at the current price of about $9 / SBD is worth about $1.17. The other half will be paid out in $0.13 worth of Steem Power.
So if the steemit.com UI shows $0.35 then at current prices that translates to about $1.30 USD.
I very much agree that this is overly confusing, but that is due to the incorrect way that steemit.com and other sites show post rewards and unfortunately there's nothing I can do about that.
ohhh. Now I understand. Thx for your fast reply it was really helpful. I appreciate it.
thanks @yabapmatt, this helps clear up some info I've been trying to make sense of