[QUESTION] What is the formula for curation and author rewards?

in steem •  9 years ago 

I understand the basic structure of the rewards, but I'd like details. Is there documentation out there for how the current implementation works?

I'm hoping to build a simulator to check for perverse incentives, and it's no good if I'm simulating the wrong formula.

steem steemit question rewards incentives
9 years ago by

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$14.59
  • Past Payouts $14.59
  • - Author $12.05
  • - Curators $2.54
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      ·  9 years ago 

    https://steem.io/getinvolved/paid-to-curate/
    I think it's in section The Math.

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    $0.04
    • Past Payouts $0.04
    • - Author $0.03
    • - Curators $0.01
    4 votes
    [-]
      ·  9 years ago 

    Thanks!

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      1 vote
      [-]
        ·  7 years ago 

      thanks for posting! Curious if your simulator works!

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        1 vote
        [-]
          ·  7 years ago 

        Oh wow, this post is old. How did you find it? I never ended up creating the simulator because I got distracted by a bunch of other more valuable projects like my voting bots.

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          [-]
            ·  7 years ago 

          pocketsend:101@magicalvin, thanks for your interest!

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            [-]
              ·  7 years ago 

            Successful Send of 101
            Sending Account: biophil
            Receiving Account: magicalvin
            New sending account balance: 856374
            New receiving account balance: 100
            Fee: 1
            Steem trxid: 0b6a5ba3f8c834e0b7f15a816209da19e31d28b0
            Thanks for using POCKET! I am a confirmer bot for fun,trying to raise awareness about a hackathon! View my source confirmer code here.

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              5 votes
              [-]
                ·  7 years ago 

              @biophil i am a little confused about author rewards. it says everywhere that the author rewards are 50% SBD and 50% SP ( if the default option was selected while posting articles ) yet all the author rewards i see are like 5.887 SBD, and 0.951 STEEM POWER or 11 SBD, and 1.7 STEEM POWER that does not look like 50% distribution

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                [-]
                  ·  7 years ago 

                I don't know about documentation -- you could check the recent version of the whitepaper here https://steem.io/SteemWhitePaper.pdf

                The 50% split is pretty confusing right now because SBD is trading very high; my article here explains a little: https://steemit.com/sbd/@biophil/go-home-sbd-you-re-drunk-how-to-maximize-your-author-rewards

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