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RE: Supply of Steem Decreasing!

in #steem8 years ago

No, the payouts appear lower because of increase competition and the price feed has a 3 day lag. The reality is that most payouts are currently about 50 to 100% higher than displayed (if you use current market price).

We use a 1 week average to prevent abuse of price feeds and market manipulation.

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lol i was about to say "great post and answer...you know your stuff". but then i saw the username and realised why. :)

still getting an upvote either way.

Thanks for explaining that, I couldn't figure out the math on it.

So the payouts we have gotten will be revided later? I dont think i follow. Thanks!