Q & A: max_accepted_payout
Going to try and make a few posts focusing on questions that I get asked privately where the answers may be of interest to the greater community.
Why is my post payout stuck at $xx?
Ref: https://steemit.com/steemit/@themanwithnoname/max-accepted-payout
Answer: max_accepted_payout is a Steem blockchain parameter that controls how much a post or comment may receive.
The default is 1,000,000.000 SBD and if you make a post through Steemit.com, that's what you'll get at the most. Of course, no one reached that to date.
The majority of 3rd party apps/sites that use the blockchain, like Busy, eSteem, and Tasteem leave the parameter as is.
Custom Settings
Some apps like Dlike use custom settings. If you try to jack up a post with a low max_accepted_payout value with bid bots, you'll waste your money. It's your job to learn how 3rd party apps work before using them.
Once the max_accepted_payout is reached, the funds are distributed with the expected author/curator split.
To my best knowledge, the full (potential) amount still comes out of the reward pool and the unused portion is burned.
Zero/Declined
When max_accepted_payout is zero, rewards are declined.
3rd party apps are highly unlikely to set your max_accepted_payout to zero as a default. The majority of them rely on beneficiary rewards to pay for their service and development costs. Beneficiary rewards are nonexistent for zero.
Zero/declined posts are not drawn from the reward pool.
 |
Like what we're doing? Support us as a Witness.Go to https://steemit.com/~witnessesAt the bottom, type in guiltypartiesClick VOTE
 |
This all add's up now,thank you for checking in to this for us!
Thanks for answering that, GP! Now we know. :)
Thank you @guiltyparties,So nice of you to take the time to investigate this!
I'm lucky I broke even and hope other people see this post so they dont make the same mistake. resteemed!
WOW... so now, I understand the concept!
More and more things are getting clear now thank you, A little question, it doesn't affect if we do not use any third party application, does it?