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RE: Bitten by Blight

in LeoFinance2 years ago

Hey there Taraz, please can you shed some light for me. Why is it that my daily reward claim that I'm receiving in my wallet in HBD and HP appears to be so much less than the Hive upvote total for my actual post seven days before? It looks like half the amount is coming into my wallet compared to the amount I received for my post daily. Many thanks, I respect your experience and insight on Hive.

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I am not sure what you mean, but it should be half the amount, the other half goes to curators.

I will use 100 as the base to make it easier for my head.

Post = 100 HBD worth.
Curators get 50 (paid in HIVE POWER)
Author gets 50 (paid in 50% HIVE POER/ 50% HBD)

The blockchain always calculates HBD at $1 regardless of the market price (it is meant to be stable), but HIVE price varies based on the market.

So,

Author gets paid 50 HBD worth = 25 HBD as liquid and 25HBD/HIVE feed price for the HIVE POWER.

The current HIVE feed price is $1.20 (this price varies based on the markets)

25/1.2 = 20.83 HIVE POWER

So, the curators collectively will get about 40 HIVE POWER paid to them.
The author will get 25 HBD + 20 HIVE POWER.

Does this answer your question?

Yes many thanks that's exactly what I was looking for. I remember now that there was a HF some time back that shifted the ratio so now curators get half the payout. I wasn't too happy about that since I'm more of a content creator. I will have to engage more I presume.