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RE: Looking back from tomorrow: Flatter earnings, more earners
And then you even don’t mention the fact that there may be a point we will not be paid any Steem whatsoever anymore.
And then you even don’t mention the fact that there may be a point we will not be paid any Steem whatsoever anymore.
Could you elaborate on this a bit?
Rewards usually are based upon 3 elements: 50/50 and 25% curation (assuming there’s no additional beneficiary set).
So let’s take a normal post with (STU) $10 rewards. That gives you:
Curators: $2.5
SP: $3.75
SBD: $3.75
In the code is specified that SP is calculated at feed price (average of last 3 days of the price feed maintained by witnesses). SBD is pegged at $1.
So for SP you get
[reward share]/[price feed].For SBD you get
[rewards share]/1.When Steem was around $1 you would get pretty much the exact 50/50, so ~3.75 SP for a $10 post. And the same amount of SBD.
Now Steem’s value is around 3, you will get ~1.2 SP for that same $10 post. But still 3.75 SBD because pegged at $1 in the matrix.
If STEEM were to hit $10, you would get only 0.375 SP anymore. But still 3.75 SBD.
You can see this for yourself if you compare your posts from around October last year with the posts right now.
oh, yeah, this too :)
The steem supply is limited (750 Million i think) and the pool will eventually dry up. I think it will be increasing for another couple years and then start decreasing at an increasing rate until 2038ish. Factor this in with onbourding, SMTs and the larger investors and Steem becomes quite a luxury item.