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.
The payouts might appear to be lower because of the dollar amount, but notice the amount of Steem Power you're being rewarded. You're getting it at the prices of 3 days ago, prices have shot up so that Steem Power is much more valuable.
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.
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.
Thanks for explaining that, I couldn't figure out the math on it.
So the payouts we have gotten will be revided later? I dont think i follow. Thanks!
man...i LOVE responses asking questions like this.
The payouts might appear to be lower because of the dollar amount, but notice the amount of Steem Power you're being rewarded. You're getting it at the prices of 3 days ago, prices have shot up so that Steem Power is much more valuable.