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RE: Supply of Steem Decreasing!

in #steem • 8 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.

8 years ago in #steem by
$2.62
  • Past Payouts $2.62, 0.00 TRX
  • - Author $2.42, 0.00 TRX
  • - Curators $0.20, 0.00 TRX
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     8 years ago (edited)

    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.

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     8 years ago 

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

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     8 years ago 

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