I was really wondering about the author reward payout of my last article.
I already know that 75% of the payment is the guaranteed reward for the author. So this would be 7.3125 SBD.
I did then found a great website: http://steem.supply from the witness @dragosroua on which the payout can be estimated.
I checked then the payment one minute before payout time:
I entered my steemit-username and toggled the display from USD to SBD and Steem Power by pressing this button:
.
One minute later, I received
So the results are not 100% accurate. Lets first understand how the author reward can easily be calculated:
Estimate your rewards with a calculator
We need to know the averaged steem / USD conversion rate which is called feed price.
The current feed price can get from steemd.com:
The feed price for my article at payout time was:
feed_price = 5.9628
Then we need to know the pending payout value.
The $-sign means SBD in this case. So my pending payout value (value with more decimal places is taken from steemd.com):
pending_payout_value = 9.7533
The next information that I need is my selected Rewards setting: Default (50% / 50%) or Power up (100%)?
Default
| Payout in SBD | Payout in SteemPower |
|---|---|
| pending_payout_value * 0.375 | pending_payout_value * 0.375 / feed_price |
| 9.7533 * 0.375 SBD | 9.7533 * 0.375 / 5.9628 SP |
| 3.657 SBD | 0.613 SP |
The factor 0.375 is the multiplication of author reward percentage and 50 % SBD/SteemPower (0.75 * 0.5)
Power up
| Payout in SBD | Payout in SteemPower |
|---|---|
| pending_payout_value *0 | pending_payout_value * 0.75 / feed_price |
| 9.7533 * 0 SBD | 9.7533 * 0.75 / 5.9628 SP |
| 0 SBD | 1.227 SP |
So I could understand the numbers which are shown from steem.supply. But, these numbers are only correct if you do not upvote your own article during posting.
Estimate your rewards with a calculator when using self-upvote
Why did I receive more? Because I upvoted my own article by selecting upvote post. By this, a certain percentage of the curation reward is transferred to the author. This information can be found on steemd.com.
Take a steemit url and replace steemit by steemd. Then click on advanced and look for author_curate_reward.
In my case:
author_curate_reward = 28.67 %
Lets recalculate (28.67% -> 0.2867):
Default
| Payout in SBD | Payout in SteemPower |
|---|---|
| pending_payout_value * 0.5 * (0.75 + (0.25*author_curate_reward)) | pending_payout_value * 0.5 * (0.75 + (0.25*author_curate_reward)) / feed_price |
| 9.7533 * 0.4108 SBD | 9.7533 * 0.4108 / 5.9628 SP |
| 4.007 SBD | 0.672 SP |
Power up
| Payout in SBD | Payout in SteemPower |
|---|---|
| pending_payout_value *0 | pending_payout_value * (0.75 + (0.25*author_curate_reward)) / feed_price |
| 9.7533 * 0 SBD | 9.7533 * 0.82168 / 5.9628 SP |
| 0 SBD | 1.344 SP |
Finally, I was able to understand why I recieved more than predicted.
Self-upvote
I follow the rule that I upvote my own posts (I write only 2-3 per week) but never my own comments. I normally work 1-2 hours (or more sometimes) on each single posts, so I think it is fair to reward myself with my small upvote.
Do you have questions or comments? Please let me know. All images are screenshots from steemit.com, steem.supply and steemd.com.
You should also check 'steem.rocks'. As far as I can see it also calculates(?) the reverse 30min curation rewards. So the rewards are more higher and more accurate(?) there.
Thank you for the link, I did not know the site before. But I think that the results are not 100% correct when self-upvoting. I will investigate.
I just use STEEM stats.com to find out what my payout is going to be on all of my articles. It also shows me who has upvoted my posts and comments.
https://steemstats.com/#!/ shows inaccurate author payments, when the author did a self-upvote.
Same sentiments I usually just post 1 article once a day sometimes even 3 days so I don't think by upvoting ourselves we break the chain haha. I upvote good comments on my posts but never mine.
steemdb.com is also good
if ever you want more details it would pay to learn to use Steem SQL
Steem SQL is too expensive for me (10 SBD each month), but I will take a look on steemdata.
very useful article, good read and pretty informative 😊. upvoted and resteemed (already following 😉)
useful post @holger80...
Such a detailed step by step direction of this. I definitely learn something new today. Never know about http://steem.supply until today. Thank you for sharing this. It helps alot! :)
Thanks for the great Post I look forward to evaluating my progress with these useful sites and especially, hope that @dragosroua 's steem.supply will guide me on how well I am doing not only with writing my own posts but how well at curating I am as well. Obviously as a newbie I'm not making a big splash in a pond of whales, but i like to think that every little helps.
Thank you for sharing this valuable information with us! I’m always looking for new tools to help make my Steemit journey more easier. I appreciate all of the details on how to calculate our estimated rewards!
Quiet informative and it helps also @holger80
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