Maximize Your Author Rewards - Use 50/50 Split When Blogging

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Due to the current value of Steem Backed Dollars, a unique arbitrage is available when receiving author rewards. Do yourself a favor and toggle the setting in the lower right corner of the posting screen so that it reads:

Default (50%/50%)

This way 50% of your author rewards are paid out in Steem Backed Dollars. SBD is intended to be pegged to the US dollar at 1 to 1 ratio. Yet, in the real world, SBD is worth closer to $2.

If you receive a 100% Power Up payout for your work, it won't take into consideration the actual price of SBD.

While SBD is riding high, take the 50%, use the internal market (or external) and sell the SBD into STEEM and then POWER UP from there. You will make yourself a tidy little profit and extra Steem Power!


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Image source: pixabay.com

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