Each Steem representative in the Steem Blockchain earns their rewards from three sources, which are Author rewards, Curator rewards, and Beneficiary rewards. All of this revenue comes from 65% of the rewards pool.
As stated during recruitment, the primary purpose of recruiting Steem representatives is to demonstrate a long-term commitment to our Steemit. Inc ecosystem, and this can only be achieved if they are actively involved within and outside the communities, and are willing to help people across the platform.
For this reason, reward steem representatives and together we will see how they earn per month, the purpose of this report is not to spy on their accounts but instead to motivate other steemians to become SR and by following this we can see healthy participation and competition, which is a win-win situation for all in this ecosystem.
Although this number may vary from month to month, let's analyze and look at the earnings for the previous month (April 2023) for steem representatives. The rewards in Steem Blockchain are SP & STEEM. I also projected the USD equivalent number for the general understanding of the readers.
On the last day of April 2023, the price of STEEM was $0.214. So, projecting the equivalent number in USD, you've got $0.214 per STEEM.
As mentioned earlier, the general user has three revenue streams in Steem Blockchain - Author Reward, Curator Reward, Beneficiary Reward.
Steem Representatives Author Rewards
This author's reward is given mainly either in SP (if the user when publishing chose the 100% power-on option), or in SP and STEEM (if he chose 50/50).
Actually the author's rewards are distributed in STEEM and/or SP, but to facilitate the reading of the figures, I added a column to give its equivalence in USD (1Steem=0.214$)
For Author Awards, @adeljose leads the rankings with $467.89 in earnings, followed by @franyeligonzalez with $455.46 in 2nd place and @pelon53 with $397.98 in 3rd place.
This figure encompasses all rewards earned from posts and comments during the month of April 2023.
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 $463.03 in awards, followed by @kouba01 with $217.20 in awards in 2nd place and @anroja with $149.41 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.
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 while holding SP, @nadiaturrina comes out on top with $77,095 in rewards, followed by @josevas217 with $73.39 in 2nd place rewards and @franyeligonzalez with $67.63 in 3rd place rewards.
The total amounts earned by steem representatives in the month of April 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 $791.82 in rewards, followed by @adeljose with $627.39 in 2nd place rewards and @wilmer1988 with $577.92 in 3rd place rewards.
Feedback :
If we calculate the average gross profit it will be equal to $462,697, 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 $462,697 per SR in today's reality seems very reasonable.
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] ,@nadiaturrina [Indonesia] ,@nahela [Venezuela] ,@o1eh [Ukraine] ,@patjewell [South Africa] ,@pelon53 [Venezuela] ,@radjasalman [Indonesia] ,@ripon0630 [Bangladesh], @stef1 [United Kigdom] , @wilmer1988 [Venezuela]
Best Regards,
@kouba01
Saludos amigo, gran informe. Muy buena información, gracias por compartir.
Que estés bien.
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Thank you.
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Combinedly arranged all the information wonderfully. This data will give more encouragement to our work. Thanks for the data, Friend .
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Thanks.
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Wow, really good report. So you can know each other's position compared to fellow SR
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Thank you.
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To be honest, it's a wonderful report. Everything is very given due to which it is easy for everyone to understand. And I think it will increase the progress of our work. Another thing is that since we get TRX as a reward, So if its TRX income was added then maybe the income data would have changed.
Thank you for this report.
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Thanks for the comment, yes I thought of that, maybe I'll add it to the next report.
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Oh wow! Thank you for sharing this information.
I would love to see how this compare to some top Steemians who are not representatives.
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Ah it might take a little time, at least to select a group of steemians(not SR), maybe we can work together on that :D. Thanks for the comment.
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Why not? (•ิ‿•ิ)
I will keep my eyes and ears open.
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Ooww, una publicación de alto valor encontrada en mi radar. He leido y comprendí absolutamente todo
Muchas graciasnpor sus conocimientos amigo/profesor. Ahora queda más que claro qué, los representantes de Steem Ganan un salario respetable aún en medio de una temporada bajista
Saludos y bendiciones querido
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Thank you very much for this report, to tell the truth, it is a good way to have an overview of how we Steem representatives are progressing in this regard. And it even allows us to make some comparatives and to have a medium to long term projection.
Greetings, good week and good month to all.
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Hola querido amigo, muchas gracias por este gran reporte. Me parece una excelente información porque así podemos ver todo nuestro trabajo en una sola publicación. Todos estamos haciendo grandes cosas dentro de Steemit. 😊🙏
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Gran trabajo el que a realizado amigo una información bien detallada.
Saludos 🇻🇪👍
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Interesting information friend, thanks for showing us in a clearer way how our growth has been in the month of April.
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Ohh 😯 Damm , it's great report and analysis done from your side.
Good work brother 👏
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Thanks my frined.
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