shallower WATERS REWARDS POOL I HAVE CHARTED THE WATERS FOR YOU <><> AUGUST 11 , 2017

in #steemit โ€ข 7 years ago

๐Ÿ’ REWARDS POOL

๐Ÿ’ Every day Steem is created and a predetermined percentage of the newly created Steem is put into the REWARDS POOL and everyday some rewards are distributed among authors and curators .

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The charts below show what is happening in the rewards pool if it is filling or emptying since HF-19
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SUMMARY

๐Ÿ’ -97,659 has been the largest daily drain on the Rewards Pool since HF-19

๐Ÿ’ +7,128 has been the largest daily increase on the Rewards Pool since HF-19 Largest

๐Ÿ’ Today the pool is at 697,578 and the decrease was -1,050

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DISCLAIMER : This content is for informational, educational and research purposes only.
Please get the advice of a competent financial advisor before investing your money in any financial instrument.

It is strongly recommend that you consult with a licensed financial professional before using any information provided here . Any market data or news commentary used here is for illustrative and informational purposes only.

Please voice your opinions in the comments below.

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SUMMARY

๐Ÿ’ - 97,659 has been the largest drain on the Rewards Pool since HF-19

๐Ÿ’ +7,128 has been the largest daily increase on the Rewards Pool since HF-19

๐Ÿ’ Today the pool is at 697,578 and the decrease was -1,050

This might be a stupid question (I'm new) But is there any way we can help the rewards pool increase or is it all out of our hands and whatever happens will happen?

Hi @rebeccagomez always good to see new faces on Steemit and now to answer your question I believe that there is an equilibrium area that the programing has set the pool to maintain and I feel it is the area we are at now .
So yes it all out of our hands and the program will keep it at the area it should be. Remember everyday there is around 45,000 to 50,000 Steem created by steemit automatically by the program and a percentage of that goes into the rewards pool to pay Authors and Curators . So the pool has Steem going into and out of the pool everyday.

I'm guessing we have reached parity for the Rewards Pool, until the next fork.

I agree with you @deanlogic

Very nice post @me-tarzan kindly keep writing i will support you

Thank you @sharoon

Welcome @me-tarzan

@me-tarzan like your way of content writing i wish one day i will do as you posting , best of luck bro , btw upvoted

Thank you @abbasfxtm and the best of luck to you as well

Sorry, newbie question......
how can the pool be increased?

It gets increased each day by a certain amount around 48k STEEM. The system generates it.

Hello @anaman everyday there is around 45,000 to 50,000 Steem created by steemit automatically by the program and a percentage of that goes into the rewards pool to pay Authors and Curators . So the pool has Steem going into and out of the pool everyday.

Great results! Thanks for sharing

Good post! I'm going to follow you to see more post like this and for support us!

Great post, thanks for sharing!

UPVOTED.
very good.
I would be happy if you like to follow me and give your opinion about my posts.
Thanks