RE: Author and Curator Rewards: Changed since the Hard Fork?

Let me explain. Out of the 25SBD, you get 75% for yourself and 25% go to people who upvoted your content (at least this is how it used to be before the hard fork).

Out of these 75%, half you receive as SBD and the other half as Steem Power.

You can immediately cash out the 10SBD, but if you want to cash out Steem Power, you have to Power Down (from your wallet) and this process takes a long time (1-2 years, not sure what it is now). Every week you will receive a portion of your Steem Power, which you can cash out in the form of Steem.

The problem with Powering Down is that you will loose Steem Power, which means that your upvote will be worth less and less.

I hope I was clear, but if you have any questions, don't hesitate to ask :)

Hope you don't mind I upvoted your article! :)

$0.00

1 vote

[-]

deism12 (50) 8 years ago

wow i didn't know this..
thank so much @dek for making it clear..

$0.02

1 vote

[-]

felixxx (68) 8 years ago

if you want to cash out Steem Power, you have to Power Down (from your wallet) and this process takes a long time (1-2 years, not sure what it is now).

13 weeks

$0.00

1 vote

[-]

dek (62) 8 years ago

There you go! Thanks, @felixxx!

$0.00