Why Steem Median value is stucked?

in #steemit • 6 years ago

Steem Median value is one of the most important parameter to calculate the vote values in steem posts.
We can see that value from https://steemnow.com/

But, it is a long time the median value is showing as $0.40

What i know is median is determined by steem price in market. Nowadays its price is less then $0.40.

Anybody knows what is the reason or is it the real/actual value?

@penguinpablo ?

#steem #median #cryptocurrency #tr
6 years ago in #steemit by
$117.55
  • Past Payouts $117.55
  • - Author $88.98
  • - Curators $28.56
304 votes
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    • [-]
     6 years ago 

    just be patient steem wil move up soon

    $0.33
    • Past Payouts $0.33
    • - Author $0.33
    • - Curators $0.00
    1 vote
    Reply
    [-]
     6 years ago 

    It is part of the mechanism that limits SBD to 10% of Steem total market cap. In fact the median value should not be used to calculate estimated post payouts, but until this mechanism kicked in there wasn't a difference.

    $0.06
    • Past Payouts $0.06
    • - Author $0.05
    • - Curators $0.01
    4 votes
    Reply
    [-]
     6 years ago 

    I had noticed it but I thought it was an update problem related to steemnow.com

    Now i start to wonder :S

    $0.03
    • Past Payouts $0.03
    • - Author $0.02
    • - Curators $0.01
    2 votes
    Reply
    [-]
     6 years ago 

    $0.40 is the payout ratio of SBD
    For example, you get 5 STEEM, SBD=5*0.4/100=0.02

    $0.00
      Reply
      [-]
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