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RE: TIL: How much STEEM is added to the reward pool per day?

in #steem7 years ago

I m kind of new here and I didn t learn a lot about the Steem distribution ... I m just happy when I get some reward for my posts . In your post you wrote that 10% go to the holders of SP , I already have some Steempower (around 8) and i didn t see any rewards for that so far . So how and when are that 10% distributed ?

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It is added to all accounts continuously, but there's no place were you can see those rewards. If you're not a big holder of SP it's a very small amount though.

is it added to Steem , Steemdollar or SteemPower balance ?

To your Steem Power balance.

It's a bit technical to explain. Actually, SP holders are holders of VESTS. Your SP is calculated by multiplying the amount of VESTS by 483.452 (Current value of 'steem_per_mvests' on steemd.com). By slightly increasing this value overtime all VESTS holders see their amount of SP increasing.

thank you , so I think with my low amount of SP I just didn t see the change.

48.000 STEEM created daily.. %10 SP holdings.. 4800 STEEM

so. the question is how much whole SP is there in the system?

If whole system has 100 Milion SP and I have 1 Million SP;
I will get 48 STEEM every day. Isnt it?