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RE: MAP Rewarder: Distributed Rewards for 21 October 2018 (20.3% APR)
Hi, good question! The curation rewards themselves do not drop (as SBD rises) but as a percentage of the payout they do. recall when SBD was at, say, $4, and pretend the payout is $12, then $3 go to curation, $4.50 go to SP and SBD (assuming SBD=$1); but in this case the author ends up with 4x4.50=$18 worth of SBD. Now, that $3 in curation rewards is less than 25% of the total payout.
Wait. Do you have a graph? I'm not good a math lol How is the $3 less than 25% when 1/4 of 12, 25%, is 3?
Because the final payout is greater than the pending rewards.
As above, $3 curation plus $4.50 STEEM plus $18 SBD = $25.50, and not $12! In this case the curation's $3 are just 12% of the final payout.
I still don't get it lol Is it because of the value it becomes?
Math was never my forte in school. Only trigonometry :p Thanks for trying though. One day, it might click in my mind at a random moment :D