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RE: Understanding Steem Economy, Its Currencies, and The Reward Distribution System!

in #steem7 years ago (edited)

Currently author rewards are not only credited in SP and SBD, but also in STEEM as the SBD print rate dropped to about 90% because of the recent drop of the STEEM price.

Also author rewards may be less than 75% because of beneficiaries (e.g. if you post on utopian.io or dmania.lol).

For a detailed description of the payout process, you may look at my recent post: https://steemit.com/utopian-io/@nafestw/estimate-author-payouts-with-steem-js

You can also refer to http://deepsteem.com for an accurate estimate of your author rewards.

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Note:- These days, you can see Steem being rewarded as well. This is "because the debt to equity ratio - the amount of SBDs compared to the value of STEEM in circulation, went above 2%."

Thanks for the update regarding beneficiary cuts from rewards. As I was focusing on Steemit only, the information was not included. However, is important and I will add it to the post to make it more valuable.

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