RE: STEEM and SBD at Parity by andrejcibik

Viewing a response to: @dragosroua/re-andrejcibik-re-dragosroua-steem-and-sbd-at-parity-20180117t093645048z

steem · @andrejcibik · Jan 17 '18 (edited)

I mean. Theres some 2M USD worth of steem produced in a week. 
75% goes do users. If I get standard payout 50% is directly in Steem and that other 50% goes to main Steemit account which sells it on internal market for SBD (?). 

**Ex:** Right now theres a 1:1 price ratio. 
So my post gets $ 10.
I get (approx.) 7.5 SBD payout - 3.75 Steem and 3.75 SBD.....
But thats not the case. Why?

properties (22)

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@dragosroua · Jan 17 '18

$0.13

First: there are 43,000 STEEM tokens printed every day, so in a week we have 301,000 STEEM tokens. At the current price, $3.6, that means $1,083,600.

Second: 

> If I get standard payout 50% is directly in Steem and that other 50% goes to main Steemit account which sells it on internal market for SBD (?).

I don't think I understand that. What Steemit account?

Third: 

> I get (approx.) 7.5 SBD payout - 3.75 Steem and 3.5 SBD.....

Almost right. You get 3.5 SBD, but you don't get 3.75 STEEM, you get $3.75 worth of STEEM. Please have a look at this reward calculator [here](http://steem.supply/rewards).

👍 andrejcibik

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
andrejcibik	0 B		15,137,306,444	57%

@andrejcibik · Jan 17 '18

Thanks for clarification :) 

By Steemit account I meant the default account hold most of the Steem, delegating to new users. 

In my example, I should get 2.2 Steem  (7.5 / current Steem price). 
I get 1.1 as SP, but that other 1.1 is produced as well, right? Does it go to the internal market or where? 

In order to give me promise in form of SBD, there needs to be according amount of Steem produced.

properties (22)

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