You are viewing a single comment's thread from:

RE: The Case for Showing Pending Rewards in STEEM

in #utopian-io6 years ago

What we're asking ourselves is what should be the DEFAULT view.
If we have STEEM as the default then calculating related values in other currencies is a piece of cake. So just allow them to change or show side by side with a $ that is a real $usd value. haha


Another question... if curation is now consistently 25% then why show that portion at all?
What's the argument for keeping that as part of the value? Do you think users (specially new users) would rather just see the value that they're going to actually get?

Sort:  

Curation is defined as 25% in STEEM terms but this is not always the case when converted to $ or SBD; it is mainly the SBD distribution that affects the true % going to curation, and since HF20 some also gets recycled into the reward pool.

As for a default setting, I personally would go with STEEM. I have set up my steemworld settings to STEEM to 4 decimal places. (Thanks to @steemchiller!) Indeed, steemworld is a good example of how flexible a UI can be, with data to suit most people, including EUR as well as USD.

One thing to be careful of is not to overload the data calls on long lists, such as trending or tag pages, so have one default for lists and perhaps more visible data, maybe in a popup, on a post page.

As a plug-in and overlay, @steem-plus can, I think, already be set up to show different prices.

One argument that continues unresolved is whether to use the blockchain price for STEEM or the market price average. IMO those algos that specifically use the official blockchain price should be duplicated as they are; to calculate a real USD value will, however, require market prices. Also, in my example, selling SBD for STEEM requires market prices, but a "conversion" must use the blockchain price.

This is just how I set up my data for my fund - what is important is how much STEEM I can earn because that I can manage, whereas the $ returns are beyond my control.

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 58194.53
ETH 2364.50
USDT 1.00
SBD 2.37