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RE: A Day Of Whale Abstinence Will Answer The Question!
That's to be expected because the reward pool is actually coded as a fixed percentage of the new Steem produced. If the value of Steem is lower, the SBDs are lower.
The reward pool is fixed in terms of Steem - however the value of that Steem may fluctuate. If Steem goes 10x, SBD payouts rise 10x.
I believe there are other factors involved in that algorithm. All I know is that there is not a fixed amount of which your vote is a percentage. Your vote will be worth the same amount of SBD (mine is 2 or 3 cents, depending on the day and the post, sometimes it's more if the post already has a decent expected payout) whether the whales vote at full power, or not.