How to know the amount of daily reward pool of steem ?

in #steem6 years ago (edited)

View this answer on Musing.io

There are two ways to look at it. 

In order to understand the value of the daily reward pool of the steem there is a formula

new_steem = ( ( virtual_supply * current_inflation_rate ) / ( 10000 * BLOCKS_PER_YEAR ) ) * CONTENT_REWARD_PERCENT 

However, one of the best ways to find out about the steem rewards pool is to access the information available on the website called steemd.com. This sit gives lot of statistical insights. At the time of writing this post, i found that the rewards fund as on date was 778,332 steem which is equivalent to $614,882. 



This value keeps changing with the change in prices of steem. Total supply of steem has reached 299,512,603 Steem.  Total Market capitalization is $236,615,611 according to the statistics available on steemd.com

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