Reason For Decreasing Steemit Rewards

in #steemit7 years ago

steemit.jpg

Did you noticed that lately your voted posts rewards are decreasing. Read more why this is happening . There are more reasons for this.

steemdollar1.png

Your post or comment reward depends on :

  1. The 7 Day Median Average Price Of Steem
  2. Person Voting
  • 24 hour period voting for other posts of persons who voted for you
  • Rewards are more evenly distributed among other posts
  • The 7 Day Median Average Price Of Steem

The price of steem flucuates per us dollar. The median average price eliminates highest and lowest values and makes average price in the middle of all values. The price declined over the past week.
Because of the 7 day average calculation -rewards decreased a little bit. But dont worry, when price gets up again, your rewards will go up too.

There might be some other reasons too, please comment what do you thing about this. Thank you for reading.

  • Person voting For You

When someone votes for you - you get reward, but if he votes again in 24 hour period, then his rewards are spread among more competitors and based on that your reward gets a little bit smaller, depends how much your voter is voting on that 24 hour voting period.
There is more and more users who post good posts and steem rewards are much more spread. There will be more good posts but also there will be more voters too so if you make good posts often, you will likely get attention sooner or later.

Showing you the "real" Steem Dollar value calculated with the latest exchange values on this website steemdollar.com

Sort:  

Insightful - thanks for sharing.

tnx for support and reading

Great article - simple and clear!

Thanks - i have been wondering about exactly this after seeing one of my posts decrease in value by about 15%.

Are those two factors - 7 day median & person voting - exhaustive? I mean, are there no factors beyond this?

Thanks.

Well i think there are only those 2 reasons and most important are your voters who upvote other posts in 24 hour period. This is the main factor!

Cool - thanks for the article and the quick reply.