STEEM Reward Pool Close To 1,000,000 Tokens
As I wrote the other day, STEEM rewards pool is on an increasing trend. It was 905,000 just two days ago, but it grows faster than I thought. At the moment of writing it was 986,000 STEEM, according to steem.supply:
Although the price of STEEM is stationary (if not slightly bearish), the fact that the rewards pool is increasing has an offsetting effect. A few users reported they get higher rewards now for the same number of votes, or higher curation payouts.
I couldn't think of a better news for a Saturday morning than this one. Well, maybe STEEM trading at $10 would have been better than that, but let's take them one at a time, ok?
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
Wanna know when you're getting paid?
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I know the feeling. That's why I created steem.supply, an easy to use and accurate tool for calculating your Steemit rewards |
Yeah, collect as much as you can ;) for selling later.
This is great. It will be exciting to see how high it will go before it reaches an equilibrium. Now's a great time to publish posts and interact with each other!
I guess the price is pretty stable right now but I think it will be able to hold the .85 bottom and start moving up soon.
I've been watching my voting amounts rise for days now wondering, what in the world, since the price of STEEM was doing as you say, more or less stationary or with a slight down trend.
So, the expanding of the reward pool is interesting. I think you suggested it was because of the upvotes that were being returned to the pool by those who were still upvoting within the first several minutes of their post? That's a lot of posts.
What's going to be really interesting to see, since the voting amount at 100% has been increasing, is what it will finally look like when STEEM goes back up. I think I'm already back to where I was before the whole bear market hit months ago as far as amounts go, but I also have quite a bit more STEEM than I did then, too.
If we could get a combination of big reward pool and higher STEEM, happiness would abound. As you said, though, one step at a time. :)
I expect it to start going down wildly within today and tomorrow as posts start to payout :^)
Yeap, that's my take too. Still curious if it can make it to 1,000,000 before it hits that wall.
It would make for a nice screenshot of something that might not happen ever again hopefully :^)
Haha exactly, I'm keeping a close eye on it for that 1M screenshot!!
Now people can post the same spam for more steem, yeey :)
Great!!! 1million tokens...
Imagine steem trading at 100$ and tool reward pool will be 100 million $...
I generally share your overall optimism :) or at least try... but I am concerned about the reduced activity on Steemit. Hopefully we will see it pick up. I have noticed users I follow gradually coming back to normal use patterns. But some are still missing since the hardfork
To be honest, I enjoy more this level of activity. There was some unsettling feeling coming from all that buzz, which, in all honesty, was 80% spam.
Let's see how this unfolds. It certainly feel more Medium-ish than hi5-ish, that's for sure.
Pretty cool. Any idea if it will keep growing or if we will get less rewards soon again?
I think it will soon start to go down (in 1-2 ays) as the 7 days payment interval from the "bump" will kick in.
I guess the new RCs system has reduced spam comments and posts.This may mean a few folks are now posting...