Earnings Of Steem Representatives In May 2023

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Hi dear steemians,

As you all know, every user of the steemit blockchain, including their representatives, earns their rewards from three primary sources, which are author rewards, curation rewards, and benefactor rewards. All of this revenue comes from 65% of the rewards pool.

Also, let's not forget that some of them (SRs) are involved in the #burnsteem25 initiative, which aims to increase the value of Steem, so we will add these amounts to our accounts so as not to neglect this part of the burning author's rewards.

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As stated during recruitment, the primary goal of recruiting Steem representatives is to demonstrate a long-term commitment to Steemit. Inc, and this can only be achieved if they actively participate inside and outside the communities, and are willing to help people through the platform.

This is why the brokers reward their representatives so generously, and together we will see how much they earn per month The purpose of this report is not to spy on their accounts but instead to motivate other users to become new representatives, and by following this we can see healthy participation and competition rise, which is a win-win situation in This ecosystem.

Although this number may vary from month to month, let's analyze and review the earnings for the previous month (May 2023) for Steem representatives. The rewards in Steem Blockchain are SP & STEEM. I have also projected the USD equivalent for the general understanding of the readers.

On the last day of May 2023, the price of STEEM was $0.181. So, by predicting the equivalent number in USD, you have $0.181 per STEEM.

As mentioned earlier, a general user has three sources of income in Steem Blockchain - Author Reward, Curation Reward, Benefactor Reward.

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Steem Representatives Author Rewards

This author's reward is given mainly either in SP (if the user when publishing chose the 100% power-on option), or in SP and STEEM (if he chose 50/50).

Actually the author's rewards are distributed in STEEM and/or SP, but to facilitate the reading of the figures, I added a column to give its equivalence in USD (1Steem=0.181$)

For Author Awards, @alejos7ven leads the rankings with $371.532 in earnings, followed by @franyeligonzalez with $354.687 in 2nd place and @pelon53 with $321.198 in 3rd place.

This figure encompasses all rewards earned from posts and comments during the month of May 2023.

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Steem Representatives Burnsteem25 Contribution

It is voluntary on the part of the user to share their earnings as an author by sharing 25% of these earnings with the @null account.

Both author contributions are distributed in STEEM and/or SP.

For author contributions of 25% of his author earnings, @wilmer1988 tops the charts with $84,141 in earnings, followed by @pelon53 with $70,243 at #2 and @irawandey with $69,808 at 3rd place.

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Steem Representatives curation rewards

The curation reward is always in SP. Note that all steem reps receive between 15,000 SP and 5,000 SP as a delegation from the Steemit team. So, in addition to their own SP, they earn better curation rewards.

I also converted these SP earnings into USD for a clear and understandable reading.

The ranking changes for curator awards and we find, @stef1 is at the top of the ranking with $378.103 in awards, followed by @kouba01 with $188.492 in awards in 2nd place and @anroja with $125.847 in awards in 3rd place place.

Note that these gains depend on the SP you have (delegated or own), so more SP, more power of influence, so a better curation reward.

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Steem Representatives Benefactor Rewards

These rewards come from dividing a portion of the authors' rewards to a list of beneficiaries. Depending on the author's reward setting, benefactors received rewards in either STEEM and/or SP.

In terms of earned, @irawandedy comes out on top with $116.043 in rewards, followed by @graceleon with $97.132 in 2nd place rewards and @radjasalman with $58.706 in 3rd place rewards.

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The total amounts earned by steem representatives in the month of May 2023

The total rewards earned by SRs look a bit like this in terms of USD equivalent.

So in terms of overall rewards, @stef1 comes out on top with $686.774 in rewards, followed by @kouba01 with $506.979 in 2nd place rewards and @irawandedy with $498.727 in 3rd place rewards.

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Conclusion :

Overall, if we calculate the average gross profit it will be equal to $408.056, which is a fairly respectable figure given the volatility of the cryptocurrency market, which sometimes creates uncertainty, and in the current hiring framework of SR and expansion of their base by Steemit Team it can be considered a full time job for many. Not to mention that we are still in a bear market, an average profit of $408.056 per SR in today's reality seems very reasonable.

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My Best Regards,
@kouba01

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Cc:-
@steemitblog
@steemcurator01
@steemcurator02

Cc to all the SR's:-

@adeljose [Venezuela] , @alejos7ven [Venezuela] , @anroja [Indonesia] , @franyeligonzalez [Colombia] , @graceleon [Argentina], @inspiracion [Venezuela] ,@irawandedy [Indonesia], @josevas217 [Colombia] ,@kouba01 [Tunisia],@mikitaly [Italy],@msharif [Bangladesh] ,@nahela [Venezuela] ,@o1eh [Ukraine] ,@patjewell [South Africa] ,@pelon53 [Venezuela] ,@radjasalman [Indonesia] ,@ripon0630 [Bangladesh], @stef1 [United Kigdom] , @wilmer1988 [Venezuela]

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