shallower WATERS REWARDS POOL I HAVE CHARTED THE WATERS FOR YOU <><> AUGUST 24 , 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 686,580 and the decrease was -2,411
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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 686,580 and the decrease was -2,411
I have some real difficulty interpreting these results..
As I understand it, the reward pool is where all the upvote-payouts are being paid out from. If the reward pool shrinks, upvotes become worth less.
What I don't understand however, is what makes the reward pool go up or down?
The reward pool increases from the daily creation of Steem ( approximately 40,000 to 50,000 every day ) that is created automatically from the programing . Approximately 75% of the new daily created Steem goes into the reward pool , some goes to pay witnesses and some goes to pay interest on Steem Power.
The pool decreases when more steem is used to make payouts than has been put into the pool . This is my basic understanding of how it works
So basically if the reward pool shrinks, everybody has been upvoting more? And if it grows, it means we have been upvoting less?
(also, thanks for that massive upvote! :) )
Seeing as these results are not good - is it still worth the effort posting and replying here on Steemit?
Thanks for posting this information., It really helps to see it as a graphic.
Very informative!
Hi me-tarzan,
Very interesting read, Thanks you for sharing it!