Where Are Nearly Half My Earnings Disappearing To?
Forgive me if this is a stupid question. I assumed it was for so long that I didn't bother to ask about it. But until some months ago, half of what I made on each article went into my Steem Power, and the other half became available to me as SBD (after the curators' cut was subtracted). The interface still indicates that's the case when I am about to post something, with the "50/50" option selected.
However for some time now, when I go to check what I earned on an article, what it tells me:
...does not match up with what the wallet tab of my profile reports, with respect to how much I actually made on that article:
As you can see, my share of the article payout should have been 28. That means I would get 14 SBD and 14 Steem Power. Instead I got 14 SBD and 2.5 Steem Power. Where did the rest of it go? It sure seems like a huge chunk of my earnings on every article is somehow vanishing into nowhere.
Am I missing something? I'd sure like there to be a sensible explanation for this that I've overlooked. Either that, or I'd like the lost earnings returned to me. One or the other.
Stay Cozy!
Ever since steem and sbd has gone up above 1 usd, there have been a lot of confusion among user in steemit. But one really need to understand that the 50/50 reward is neither entirely in SBD nor in USD.
50/50 reward == 50 reward directly in SBD and 50 reward in USD(worth of SP)
Ive also thought that we get paid in steem sbd amount first. The usd value is just an estimate of what it would be in usd. The USD isn't really part of the steem blockchain algorythym at all
Hello @alexbeyman, dont worry, you have confusion in understanding the 50/50 ratio. And please note the following :-
To know in details please visit the following post where complete explanation is given.
https://steemit.com/steem/@dragosroua/steem-supply-update-rewards-algorithm-rewrite-major-cleanup-version-bump
Thanks...steem on...and stay blissul...
While SBD is a flat rate against the dollar amount that rewards are measured in, steem power is payed out against the value of steem. Someone else probably answered this but there ya go.
This is happening to every user. After going in details i got to know that this is all because of the price of the steem but i am not sure about it.
Another thing happens to me today is that i found that a payout on my post that was $55 two days ago is now today at only $43 and i am assuming that it will go below $40 till the payout date.
May be because of the price of the steem but i am not sure. Correct me if i am wrong.
Like people said i believe it is because of price fluctuations in the market.
feel free to check out a post i did.I tend to write quality content in an attempt to make the steem platform better and educate people who may potentially be less informed regarding the topics.
https://steemit.com/news/@jsonkidd/please-vet-your-information-better
I think. The reason is the price of steem. I feel ya, we are getting less steem because the price is up and it is based on USD. You get less steem when the price is up.
I thought maybe that was it, but wasn't sure. Thanks.
Yeah, that's what it is, man. The more Steem goes up the less you get, the lower it is the more you get. I'm getting the same thing where now my Steem power is very slowly trickling upwards since I end up with like 0.5-1 Steem on most payouts now, so you're not alone, lol.
yup...you're missing something.
the problem is the $ sign...
it's misleading.
go to https://steemit.com/@dragosroua and read what he says about it recently.
he explains it very well.
Just what I needed, my dude. Big thanks.
you're welcome.
I think it gets jacked up between the price of Steem and how the first 30 minutes isn't the curation/author split kind of split too? I wish this kind of stuff was more transparent because I've started taking a closer look at my earnings and noticing similar.
Lmao, don't be confused. The first half is SBD that is always equal to 1 usd and the other half is SP that is the current price of steem in usd.
I'm surprised that you ask that question only now lol. But isn't it better now? You get much more rewards comparing to older times.
https://steemit.com/steem/@dragosroua/steem-supply-update-rewards-algorithm-rewrite-major-cleanup-version-bump