if steem goes to $3 then that is roughly 6x the STU price, which, if im right here, will result me to earn 6 x 5 = 30 steem a day.. at $3 so $90 a day?
You mean 6 x 5 = $30, not 30 Steem. The amount of Steem does not increase or decrease, the value does.
But I have noticed I get more steem rewards as the STU price rises
I’m telling you man. I am making around 5 steem a day. If the price of steem doubles it’ll also double the STU price which should double the amount of rewards I get
I never really got around to check what STU's are exactly?
STU is the average steem price over the past 3.5 days. Check out www.steemnow.com and click on the price on the top right.
When this price goes up so do the rewards.
I was legit making half as many steem when the STU price was half of what it is now. If the STU price goes to $4.70 we would be making 10x as many steem...
But we won’t actually get 10x as many steem because that will mean the rewards pool would be too large. But I am like 99% sure that the STU price dictates how much steem we get paid out
Ah for some reason I thought it stood for Steem units, lol. But yeah the 50% part should always stay the same while over time decreasing slowly. If the other 50%, SBD, goes off peg again it will mean that you can buy more Steem with it than the other 50% in SP provides. So yeah that way you're earning more Steem than before the SBD pump but not if you were to do 100% power up.