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RE: Steemit Payouts
its 55K to author and curators (the rest is for pow mining and witness pay).
At least 75% of that goes to authors (41.25K). At most, 25% goes to curators 13.75K... but usually the authors get about half of the 13.75K due to reverse auction....
so figure around 47K total author reward pool.
Hi @sigmajin I was second guessing the calc I had done but it seems to tie into what the data is showing. I made some roundings for simplicity in my original calc but the 41k + half of 13.75 it seems higher compared to the daily totals that were coming out of the data I was working off.
The difference in our figures seems to be the starting point 55k to authors and curators. The exact calc I was doing was is as follows
Calculate the Daily Reward Pool
258,779,918 is the Current Virtual Supply (from steemd.com)
9.5% is the annual inflation rate
This new STEEM is then split between miners, witnesses, SP holders and content creators and curators
0.75 is the Reward Pool allocation (the other 0.25 goes to miners and witnesses and SP holders)
48,263 is the reward pool which is then further split between authors and curators as you have outlined which gives something in the 30s or low 40s to authors and this ties in with what the data is showing. The daily payouts to authors according to the data is in the mid 3,000s in early march which ties in with the price of 0.1 per steem. If the authors were getting 47k Steem then the daily reward should be showing around mid 4,000s daily payout which its not.
Any ideas for the difference and why your getting 55k as the starting point compared to the 48k I am getting?
ill check, but im not as sure about the 55K number as i was when i wrote the response... it used to be on steemd but doesnt look like it is anymore.
That would be great, I stand to be corrected on those numbers. I don't think it takes away from the analysis though.I am going to rerun this over the coming days as the experiment progresses and see what its showing.
btw any ideas when the experiment is due to end? I have a great post I want to submit but I am waiting till it's over.