I have 3 shares in SBI and my rewards have recently dropped by half from 0.02 to 0.01 even though reward pay-outs are now higher with the rise in value of Steem. I still make the same number of posts per week, so why has my reward been cut in half?
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We do active rebalancing to manage the number of inactive members in each pool. I recently moved a lot of inactive members out of your pool, which had a negative impact on the level being redistributed to you from the inactives. I just checked your weight and it had also lagged a little behind some of the moves (i.e. it adjusted down due to inactives moving out of your pool, and that adjustment was entered in the voting rules, but then it needed adjusted up again as the pool settled into its new equilibrium, and the followup adjustment was not made yet.) Rule adjustments lag quite a bit more (manually updating 2000+ rules in steemvoter takes a lot of time) sometimes. I just adjusted yours back up again and you should see a little more upvote value come through. It's possible some delegation expired too (I haven't checked SP levels yet today).
These issues will be resolved with the new fully automated system that is under development, and you will see fewer swings in your weekly upvote value once that comes online.
Thanks for the explanation. I hope the values do go up significantly soon because at $3 steem and 3 shares, that's $9 worth of sponsorship that is being reclaimed at just 1 cent per post or 900 posts. Divide that by 2 because each sponsorship yields 2 shares and we get 450 posts to break even. That will take an entire year!
That sounds about right. Current estimated return is $0.06 per week, which would take 50 weeks to return 1 STEEM at current prices.
Keep up the great work SBI. Soon this will all be taken care of automatically.
I can't wait!