RE: INTRODUCING VIPER: Sound, video, and blogging platform using STEEM and IPFS by bayuya

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steem · @bayuya · Feb 13 '18 (edited)

$5.97

You are wrong.

When you use 50/50, this means that your total payout, lets say $10 will be distributed by following scheme:
* Maximum 25% will go to curators (People who upvoted you and created $10 payout)
remaining 75% will be split 50/50 SBD and Steem
Since SBD is booked to be dollar equivalent, it will give you exactly 50% of 7.5 in SBD or 3.75 SBD. The other 3.75 will be paid in steempower. If steem value is $3.75, than $3.75 will be 1 Steempower as payout, or if steem is more than 3.75 than 0.xxx steem will be paid as steempower.

No hidden fees

👍 bayuya, ryn, anakur, photogeek, chronogn, yekrats, yuninho, quochuy

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properties (23)vote details (8)

voter	rshares	pct
chronogn	5,900,135,826	100%
ryn	51,590,571,800	100%
yekrats	4,236,017,658	100%
yuninho	1,171,635,789	100%
bayuya	732,535,494,068	100%
anakur	36,971,820,640	100%
photogeek	8,118,116,613	100%
quochuy	133,737,750	100%

@infamusfiend · Feb 13 '18

So if this is the case, can you explain his wallet? and how he can afford to fund every new account that comes to steemit?

👍 steemecity

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@chronogn · Feb 13 '18

Probably pre-mined and contribution from random users. I don't see anything that will suggest anything you are saying looking at his wallet. https://steemit.com/@steemit/transfers

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@infamusfiend · Feb 13 '18

He supplies all the new users with steempower, he has to be collecting, there is no way he would not only be running this site for free, AND paying out of his pocket for new accounts. That just isn't good business.

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3 replies

@onthewayout · Feb 14 '18

$1.76

The funds in the steemit account were acquired via mining. No one is charged a fee and neither does Steemt Inc collect beneficiary rewards. I am guessing you are new here. This platform is run on a public blockchain where **_ALL_** the transactions are visible. I recommend that you do some research before jumping to conclusions.

👍 onthewayout

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@infamusfiend · Feb 14 '18

Well acording to the blue paper its a mineless system, and the account has 4 million steem power more thank it did yesteray, but okay.

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2 replies

@tuck-fheman · Feb 13 '18

It certainly isn't 50% of the USD value of the total paid out. It is VERY skewed to favor SBD on payouts. We had to create our own sheet to get the real 50% payout.

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@khaleelkazi · Feb 13 '18

$1.05

This is because the system recognizes SBD as being worth $1... In the case that SBD is worth $1, then yes, you do get exactly 50/50 of whatever the post is valued at on the Steemit interface. But, when the SBD price is higher than $1, then the value of your earnings (should you sell/convert your SBD) will reflect this inflated price.

👍 acidyo, alejlopez

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