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RE: Decreasing Payouts, Exprt opinion???

in #chainbb-general7 years ago

Oh it can. The value of the rewards is pegged to Steem. So the more valuable Steem the higher in Steem Dollars the rewards can be.

Steem was roughly $.20 3 Months ago and last week it was at $2 ( a 10x growth in value, so if we had the same set of rewards 3 months ago they would have been getting 1/10th of the reward than we are getting now. Likewise we would be looking at 10 or 100x more valuable rewards than now if the userbase of steem would be 10 to 100x from now.

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You are right in another sense, but read all the comments and understand there is something we are missing, its not just steem price.....

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