Following STEEM recent appreciation to over $7, total rewards fund went past $5 million. It's a very sharp surge, just 2 days ago it reached $2.5 million for the first time. Rewards pool in STEEM is still over 700k STEEM, slightly lower than yesterday, indicating more activity on the platform.
This number means, on average, $740k rewards per day. According to BitInfoCharts, here are a few other daily rewards from well known cryptos, just to put it in perspective:
| Crypto | 24h rewards, million USD |
|---|---|
| Bitcoin | 39 |
| Ethereum | 18 |
| Zcash | 4 |
| Monero | 1.6 |
| Dogecoin | 0.125 |
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
https://steemit.com/~witnesses
If you're new to Steemit, you may find these articles relevant (that's also part of my witness activity to support new members of the platform):
You know, there is a total tone of optimism in the way the year has turned out, I just hope steem and SBD can maintain a substantial balance where it doesnt have to fall or rise incessantly.
Fantastic blog you have sir,
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope the same thing, to be honest. But we don't know what "sane" or "insane" means regarding the price. Only the markets know that. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yeah you're right about that we can only hope
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I hope so too but the nature of crypto in general isn't one of stability. The fluctuations even daily can be quite intense.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I feel steem will appreciate more as more people begin to use the platform frequently, thereby adding value to the steem blockchain.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
the rise is giving it popularity and we shall see less dead fish and more user online, this is good for the platform
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
steem currently at $7.25 that a big surge look like $10 is nearer than we th 2018 looks to be a great year for steem.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You've put a lot of time and energy into this community. I'm insanely excited, I can't imagine how excited you are about this recent rally and growth of this amazing community. I've been telling people since August 2016 about how great Steemit and Steem is and finally people are starting to take a second look.
This is only the beginning. :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
You can say that again :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
just a beginning of a great journey
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thank you for this piece of information. Steem will moon
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
HAppy new year! 2018 will be an incredible year. What an adventure it has been with Steem. We both have seen a considerable measure over the previous year or something like that. This undertaking has shown me to such an extent. The things I have learned are worth more than any measure of cash en route. I see the world in an entirely different manner after all I have learned since beginning with Blockchains. I truly trust the world is moving into a superior place. In the expressions of the colossal Naveen Jain we as a whole should "have an outlook of plenitude". This blockchain can be a device to change the world for good and show individuals numerous things if utilized as a part of the correct way. Information is power and It will be a blockchain loaded with learning. The Steem blockchain is getting more grounded by the day. We have seen some astounding development since this blockchain began and I know this is just the begin. When we have a completely refined item it will have the capacity to do things we cannot envision yet. The expansion of SMTs into the blockchain will intrigue and will change the way we consider the web and what is conceivable. Groups and discussions are a gigantic piece of the web. The conceivable utilizations of SMTs are stunning to consider. With Steemit and Steem we are now rolling out improvements in places that need it and offering assistance to those in require. Envision what's on the horizon for us and this blockchain. We additionally have an incredible group behind this blockchain. That is one of the principle reasons I put my BTC into this task over a year prior in the wake of discovering it on the Bitcointalk gathering and faltering onto Steemit through google look through a couple of times (accidentally hunting down different things). I at that point started some examination and saw @dan talking a couple of times about Steem. At that point saw @ned talking on YouTube and on CheddarTV and knew instinctively then he was resolved to make something extraordinary. Its awesome to see designers as you doing extraordinary things for the eco framework also @exyle with things like Steemify and Blockbrothers. Cheerful New Year again.Lets take Steemit and Steem to the following level in 2018!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Even though I've been confident in steems success since the beginning, it's still shocking, and exciting when the price rally's. I'm so stoked to see how this year turns out!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for this update. It's good to see that Steem's rewards are rising against other cryptos.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This is like Christmas every morning.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the information you have for us at our door step
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Those are some very substantial rewards. I hope both will continue to rise this year.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Calculative & informative post......thanks for sharing! @dragosroua
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Anda sangat luar biasa, kerja keras anda saat ini sudah berbuah hasil
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
wow this is going crazy at the moments
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Woooaah.
Time to be active as fuuuuuuuck.
Lets not give it to self-voting whales.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for the great piece of information
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It is very much true that none knows about the prices of coin. At one moment they are up on the second moment they are down.But i am happy that Seem would be sustained around $5 which is more than enough for all the steemians.
hopes are there for the better outcomes lets see what happens next.. By the way really thankful to @dragosroua who keeps in touch with us.
Stay Blessed, Steem On!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I see a very optimistic future being reflected by steem/sbd growing, add the facts of new folks hearing and learning about steemit just means we will grow.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
who knows tomorrow might be over $6million usd i am just saying
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@dragosroua : you say 700k Steem are rewards per day. That would mean 2,55,500,000 (two hundred fifty five mn steem) will be annual reward which is almost equal to the existing steems.
And as per policy steems are expected to increase by 9.5% only i.e. around 24mn steem.
To me 700k steem a week looks ok and fits with 9.5% inflation.
Could you please look into your computations and accordingly make clarification on steem supply.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit