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RE: Has Steemit Let Us Down? Not Upvoting, Undoing Upvotes, Decrease in Payouts
this is written in that blog : If there is $7,000 in the rewards pool for the day - then that $7,000 is split across all of the active posts based on how many upvotes/downvotes they receive. If there is a post with a pending payout of $500, then that means there is only $6,500 left to be paid to all the other posts.