Total Rewards Of Steem Representatives In June 2023

_{Edited By Canva}

Hi dear Steemians,

We remind that every user of the steemit blockchain, including its representatives, earns their rewards from three main sources, namely author rewards, curation rewards and benefactor rewards, which comes from 65% of the reward pool.

Also noting that some Steem Representatives are involved in the #burnsteem25 initiative, which aims to improve the value of Steem in the medium and long term, so we will add these amounts to our calculations so as not to neglect this part of the rewards.

_{Modified by Canva}

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 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 rather to motivate other users to become new representatives, and By tracking this, we can see healthy participation and increased competition, which is a win-win situation in this ecosystem.

While this number may vary from month to month, let's analyze and review the previous month's earnings (June 2023) for Steem reps. Rewards in Steem Blockchain are SP & STEEM. I have also projected the USD equivalent for general reader understanding.

On the last day of June 2023, the price of STEEM was $0.1773. So, predicting the equivalent number in USD, you have $0.1773 per STEEM.

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

Steem Representative Author Awards

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=0.1773$)

For Author Awards, @adeljose leads the rankings with $378.839 in earnings, followed by @msharif with $348.878 in 2nd place and @wilmer1988 with $344.435 in 3rd place.

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

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, @irawandey tops the charts with $75.266 in earnings, followed by @ripon0630 with $74.192 at #2 and @adeljose with $73.665 at 3rd place.

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 $386.202 in awards, followed by @kouba01 with $166.341 in awards in 2nd place and @adeljose with $127.408 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, @josevas217 comes out on top with $72.333 in rewards, followed by @o1eh with $69.275 in 2nd place rewards and @irawandedy with $67.637 in 3rd place rewards.

The total amounts earned by steem representatives in the month of June 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 $643.675 in rewards, followed by @adeljose with $600.106 in 2nd place rewards and @msharif with $573.887 in 3rd place rewards.

Conclusion :

Overall, if we calculate the average gross profit it will be equal to $416.828, 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 $416.828 per SR in today's reality seems very reasonable.

My Best Regards,
@kouba01

Cc:-
@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]

---

---