The one about Payout Value

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Normally I write informative posts but this time I would like to address something that has bothering me for some time on Steemit and that is the way that the value of pending rewards is shown on the site.

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But first things first, I promised to give my babygirl @cheycheyse a shout out.
@cheycheyse finally started posting on Steemit after the launch of the Zappl app. She is still finding her way on the platform but has many interesting things to share with us. She is a young woman who loves Japanese and Korean culture. She is into Anime, K-POP and Korean TV shows. She studies Chinese and is saving up for her trip to Korea (hence her motivation to post on Steemit).

Look her up and give her some love.


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Now to get back to the real topic.

As you might now the value of a post (pending payout) is shown in dollars. Now this might be convenient for non-Steemians or people new to the platform but there are a couple of things wrong with that picture.

First of all, you are actually not being paid in dollars. Depending on what you chose when you submitted your post, you are either getting 100% Steem Power or 50% Steem Power and 50% Steem dollars.

Furthermore, you might have noticed that the $ value on Steemit differs from the "real" prices on the exchanges.

If I want to know what my Steem is worth I just fire up the Blockfolio app on my phone

When Steem is around 1$ it is easy to figure out how much Steem/SBD you will receive when the payout is due. But now with the recent rise of the value of Steem, things are a bit trickier to predict. For me personally it is more important to know how much Steem I am getting than to know what the dollar value is of my post. And because the dollar value shown on Steem is not the same as on the exchanges it raises the question what purpose of showing this incorrect value is at all.


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My proposal is to show the pending payouts in the real currency you are getting that means Steem and/or Steem dollars. This way Steemians have a better insight in what they are getting at the time of payout. Of course you can also show the total amount in dollars but the main focus should be on Steem and Steem dollars.


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Kinda like this but with the real STEEM/Dollar value


What do you think? Let me know in the comment section.


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