REWARDS POOL I HAVE CHARTED THE WATERS FOR YOU <><> JUNE 27, 2017

in #steemit7 years ago

🐒 REWARDS POOL

🐒 Every day Steem is created and a predetermined percentage of the newly created Steem is put into the REWARDS POOL and everyday some rewards are distributed among authors and curators .

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The chart below shows what is happening in the rewards pool if it is filling or emptying since HF-19
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SUMMARY

🐒 I feel the Rewards Pool will level off over the next week and the falling numbers may even start to climb. Let's keep an eye on it and see what happens.

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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.

It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.

Please voice your opinions in the comments below.

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🐒 The Rewards Pool has drained another 62,096

Very nice post @me-tarzan.....where do you find the updated daily chart for the prize pool, or at least the numbers. Thanks mate.

What's the implication of it going down (/up)? :) [i keep meaning to read the whitepaper sometime!]

There was some concern over how HF-19 would affect the rewards pool and this is how I believe it works I think it is 75% of the Steem that is created everyday ,approximately 0.018% x current supply is created everyday that is about 10% per year and that is needed in order to grow the Steemit economy , Remember do not take this as gospel but I do think this is close to the right answer.

I'm sort of guessing here, so this might not be too useful. But I believe it represents the total pool of reward distributed for each day. So, the lower it goes, the less Steem and SBD are distributed each day.

Now, if the price is going up, that could still mean the pool is getting larger.

Sounds plausible! Thanks :)

Hm, that's a bit of a bump up. I see you didn't forget to remove the line about the drop getting smaller each day! Thanks as always.

yes the hole got bigger today lol

I'll be on the lookout for that. Anyways i like your disclaimer.

Thanks for keeping us up to date!

today is here :)

Has anyone peed in the pool? Or thrown in a babe ruth?

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