shallower WATERS REWARDS POOL I HAVE CHARTED THE WATERS FOR YOU <><> AUGUST 15 , 2017
🐒 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 charts below show what is happening in the rewards pool if it is filling or emptying since HF-19
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SUMMARY
🐒 -97,659 has been the largest daily drain on the Rewards Pool since HF-19
🐒 +7,128 has been the largest daily increase on the Rewards Pool since HF-19 Largest
🐒 Today the pool is at 709,163 and the decrease was -2,305
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SUMMARY
🐒 - 97,659 has been the largest drain on the Rewards Pool since HF-19
🐒 +7,128 has been the largest daily increase on the Rewards Pool since HF-19
🐒 Today the pool is at 709,163 and the decrease was -2,305
Are you able to calculate these amounts before a day begins, or do you not know the total rewards pool until the end of a given day, or the end of a 7-day period?
TIA!
You can estimate it fairly accurately before a day begins, but you can't know the numbers for 100% sure until once it's done. At any time you can look up the amount in the rewards pool at steemd.com. Search the page for "reward_balance"; on large monitors it's on the far right about a page down.
Do you know how this is calculated directly from the blockchain? I'd like to build some analysis around it, similar to this post.
Thanks!
Yes... I wrote a bit about it a while back, so this may give you a start: https://steemit.com/steem/@biophil/decreasing-steemit-payouts-will-it-continue
That's probably the best documentation on it that exists. I learned everything I know from reading the Steem source code.
Awesome, that's a really helpful post. Thank you!
How much steem are created each day? 48000 no? I dint really understand the pool concept?
Thanks for sharing man!
Where I can find these charts? Thanks again!
Interesting!👍🙌