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RE: State of the Sndbox - Week 26 [Incubators, 100 Years on Steemit, Projects & Resources]

in #news7 years ago

Aw, I missed the lovely post about payouts! I've replicated the following comment in the other post as well:


The graphics are simply amazing. One large caveat that I think everyone should know:

  • The $ value it shows on your post is sensitive to the STEEM price. As in, STEEM's reward pot is fixed in terms of STEEM, and a post's value should be considered as valued in terms of STEEM (this amount does not fluctuate with the market, only on votes and vesting ratios of voters)

It's easy to look at this and conclude that STEEM's price going up is a bad thing. But in fact, it is the opposite: STEEM's price going up means that the payout value to begin with will show a higher number. After all, what's shown is simply the value of your post in STEEM multiplied by the STEEM market price.