Rewards In STEEM / SBD Are Back, Let's Hope This Time For Good by dragosroua

steemit · @dragosroua · May 29 '18

$14.07

Rewards In STEEM / SBD Are Back, Let's Hope This Time For Good

I think @gillianpearce asked me yesterday in a comment how long until we are going to get paid in STEEM / SBD and I was just going to answer to her "soon, very soon", when I saw we already started to get mixed rewards:
***
![Screen Shot 2018-05-29 at 12.27.06 PM.png](https://cdn.steemitimages.com/DQmWrdrgrkDc3VAGTAhPBMab5nfAkUBX8RLrjgKWz6QNxrG/Screen%20Shot%202018-05-29%20at%2012.27.06%20PM.png)
***
We had a brief interval a few weeks ago, when the amount of printed SBD was lowered by witnesses, hitting the sweet spot of mixed rewards, but then the price of SBD went up again, so witnesses adjusted their bias again, resulting in more SBD being printed. Seems like now we are hitting a threshold where the SBD price is slowly getting to the peg, which allows witnesses (me included) lower their feed price bias, thus making room for STEEM in the rewards basket as well.

As you can see, I just reduced my price feed bias to 25% (from 50%).
***
![Screen Shot 2018-05-29 at 12.39.59 PM.png](https://cdn.steemitimages.com/DQmUvNDeqpnx5atCQErk4qK6XhBkbXi8fj3KRBnosfBWmg2/Screen%20Shot%202018-05-29%20at%2012.39.59%20PM.png)
***
Let's hope this time it will stay like this for good, and STEEM will finally decouple from SBD, going, obviously, to the moon.
***
_I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at [Dragos Roua](http://dragosroua.com) where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua._
<center>
![Dragos Roua](http://dragosroua.com/wp-content/uploads/2014/05/bamf-e1448824881306.png)</center>
<hr/>
<center>
<h2>Wanna know when you're getting paid?</h2>
</center>
<table width="100%">
<tr>
<td width="50%" align=left>
<img src ="https://steemitimages.com/DQmY5EgrAesnAbWyBazuHaA2Rqb2y9kkJjX4SkGq4NqA9b1/Screen%20Shot%202018-02-16%20at%2011.30.44%20AM.png" width="250" heigh="100">
</td>
<td width="50%" valign="top">
I know the feeling. That's why I created <a href="http://steem.supply" target="_new">steem.supply</a>, an easy to use and accurate tool for calculating your Steemit rewards
</td>
</tr>
<tr>
</table>
<center><h2>It's free to use, but if you think this is a useful addition, I'd appreciate your <a href="https://steemit.com/~witnesses" target="_new">witness vote</a>.</h2>
<h1>Thank you!</h1>
</center>

<center>
<h1> Psst: new to Steemit? <a href=https://steemit.com/@dragosroua/the-7-fundamental-questions-about-steemit>Start Here</a></h1>
</center>

👍 surpassinggoogle, ripperone, dragosroua, jeff747, drakos, teammo, allyouneedtoknow, immarojas, mattclarke, dgiors, deanlogic, arcange, heymattsokol, yogajill, steevc, bearone, fow, makerhacks, lloyddavis, mejustandrew, vonaurolacu, calatorulmiop, glenalbrethsen, patrickzhou, kenjiby, leeart, amazonpricecheck, oneshot, edb, rival, ryivhnn, stnwllstrtgc, oleg326756, laviniatherapist, fullcoverbetting, teamhumble, elitewizard407, alexvan, unacomn, stevejhuggett, hms818, runningproject, sc-steemit, raphaelle, chalidteuku, angelacs, blazing, sbi4, sunnylife, santigs, nwtdarren, mys, drishitmitra, jsonkidd, gillianpearce, primersion, moksamol, dizzyjay, sarahaline, muhammadrazali, jadyclem, bearmaster, lavradis, cryptobokster, and 33 others

`post_id`	50,781,305
`author`	dragosroua
`permlink`	rewards-in-steem-sbd-are-back-let-s-hope-this-time-for-good
`category`	steemit
`json_metadata`	"{"users": ["gillianpearce", "dragosroua"], "links": ["http://dragosroua.com", "http://steem.supply", "https://steemit.com/~witnesses", "https://steemit.com/@dragosroua/the-7-fundamental-questions-about-steemit"], "tags": ["steemit", "steem", "sbd", "rewards", "witnesses"], "format": "markdown", "app": "steemit/0.1", "image": ["https://cdn.steemitimages.com/DQmWrdrgrkDc3VAGTAhPBMab5nfAkUBX8RLrjgKWz6QNxrG/Screen%20Shot%202018-05-29%20at%2012.27.06%20PM.png"]}"
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`root_title`	"Rewards In STEEM / SBD Are Back, Let's Hope This Time For Good"
`beneficiaries`	`[]`
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`author_curate_reward`	""

properties (23)vote details (97)

voter	rshares	pct
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arcange	25,723,342,153	3%
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lavradis	589,239,298	100%
jsonkidd	770,141,389	60%
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patrickzhou	8,773,846,403	100%
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wanderingdanish	210,476,878	1%
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iamfo	223,518,453	2.5%
cryptobokster	589,186,139	100%
fow	11,173,672,891	100%
glenalbrethsen	8,814,544,421	25%
kimp0gi	77,659,047	5%
mysearchisover	575,926,309	100%
iamthenerd	235,918,669	2.5%
bgie8311	67,202,564	5%
runningproject	2,964,610,630	35%
ruelx	61,164,682	7%
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laviniatherapist	4,866,750,921	100%
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bearmaster	591,803,919	100%
jadyclem	597,997,112	100%
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@mattclarke · May 29 '18

$1.12

Making curation great again :)

👍 surpassinggoogle, dragosroua, steevc

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@hms818 · May 29 '18

$0.41

Good to see Steem rewards are back...this may give us much needed motivation....

👍 hms818, dragosroua

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@shucona · May 29 '18

Most welcome sir

👍 dwainus

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@techxegama · May 29 '18

It totally depends on the current prices of Steem and Sbd..that day is near when people get paid double triple of their earning.

👍 techxegama

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techxegama	0 B		1,453,252,187	100%

@mrperfects · May 29 '18

Really sir Making curation great again.....Thank you for share.

properties (22)

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`author`	mrperfects
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@sabbir1213 · May 29 '18

I agree with this that It totally depends on the current prices of Steem and Sbd.....

properties (22)

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@gaintshoulder · May 29 '18

$0.11

Hopefully it will stay for a while, the last time it was brought on was when the price of steem and sbd were down and now they are down and its been brought back. It would be better the the rewards are higher in steem than sbd thou

👍 dragosroua, gaintshoulder

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@shucona · May 29 '18

Thank You so much for share again Market Snapshot..Your everyday Market Snapshot is really helpful for us.

👍 dwainus, osakadd

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@osakadd · May 29 '18

Great Post.i love steemit. thank for sharing your post.

👍 osakadd

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properties (23)vote details (1)

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@laviniatherapist · May 29 '18

$1.09

I thought it was a mistake trully ... amazed when I saw that the reward is steem too know. 🤗

👍 surpassinggoogle, dragosroua

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@zaimrofiqi · May 29 '18

Very great news...!
Hope this will bring goodness to all Steemians...
And make Steemit better & better...

Have a lovely day, dear @dragosroua...
Resteemed! ☕❤

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@jadyclem · May 29 '18

What's the benefits in being paiin steem? I thought the sbd and so payment we're cool.

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@aamirijaz · May 29 '18

Yeah I just noticed it too! So it is a good thing I guess?

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@mistakili · May 29 '18

$1.02

One day i know i will fully understand those metrics, for now i use your index as benchmark. 

So if the price of steem goes up, will this form of reward cease or continue?

👍 surpassinggoogle, dragosroua

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@steevc · May 29 '18

$1.09

That's fine with me. It's only a tiny amount for now, but it could be a good sign. I'm happy to see things settle down a bit.

👍 surpassinggoogle, dragosroua

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@jennimorillo · May 29 '18

Good news yesterday I noticed that they began to pay Steem, @dragosroua  you have a new follower I am from Venezuela, regards

👍 jennimorillo

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@fullcoverbetting · May 29 '18

$1.02

@dragosroua
While I do understand the mechanism behind it. I don't see a big difference.
I always converted my SBD as soon as possible into Steem, so that I can power up.
Now I do get steem, steem power and SBD. 
Could you please explain a little bit further why this is a good case? So that I can understand the ecosystem a little bit more. To me it looks the same, steem and steem power I do mean in this case.
Thanks,
Peter

👍 surpassinggoogle, dragosroua

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@dragosroua · May 29 '18 (edited)

$0.92

It's a good thing mainly because SBD is approaching the peg and witnesses are not printing too much of it to counteract the pumping. The "default" payment scheme in Steemit was always 50% Steem Power, 25% STEEM and 25% SBD, but when the price of SBD went bonkers, the witnesses printed more SBD, which took out STEEM. Now things are getting back to the intended behavior. But as you said it's not much of a difference if you already converted and powered up.

👍 surpassinggoogle, fullcoverbetting, angelacs

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@fullcoverbetting · May 29 '18

Thanks for the clear explanation. It were indeed great periods when the 50% was paid out in SBD. Even with a 1,5 ratio between steem and SBD, it kept on being cheap steem.
Still I would like to see to have the SBD as high as possible until the 15th of July. Not out of personal interests, but I do run a World cup contest where the prize pool is in SBD. As the lower it get, the lesser the winners will get, if they like to power up!
Feel free to join :) (It is free)!

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@prince121 · May 29 '18

Is there a specific steem amount, when steem and sbd gives us as a rewards ?

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@gillianpearce · May 29 '18

$1.02

Yep. It was me @dragosroua and I noticed last night that I had started receiving payments in Steem again.

Was that the original design/hope then, that we would always earn both SBD and Steem?

👍 surpassinggoogle, dragosroua

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@dragosroua · May 29 '18

Yeap.

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@angelacs · May 29 '18

$0.88

Thanks for asking the question, @gillianpearce... and answering and making us all know about it, @dragosroua.

Hadn't noticed it yet, so glad I caught this post. Thank you!

👍 surpassinggoogle

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@aliraxa · May 29 '18

Last night when I redeemed my reward I saw steem there and i was like that's great now I'm getting Steem with sbd and sp ☺️

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@immarojas · May 29 '18

Am ok with that, especially when somebody said before that it will be hard in the future to get steem...with1.5 sbd to 1 steem.

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@mejustandrew · May 29 '18

I never understood what is the price feed bias and how it impacts the price of SBD...

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@santigs · May 29 '18

That's good news. Not having to exchange so much SBD into Steem.

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@mindtrap · May 29 '18

$1.00

I thought this was the case when steem’s price goes below 2$. To be honest I am sure a few posts were made to clarify this. But it seems that it happens even if the price is above that mark

👍 surpassinggoogle, dragosroua

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properties (23)vote details (2)

voter	weight	wgt%	rshares	pct	time
surpassinggoogle	0 B		220,075,322,286	1%
dragosroua	0 B		25,776,087,084	5%

@dragosroua · May 29 '18

$0.89

It's a matter of how much SBD gets printed.

👍 surpassinggoogle

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voter	weight	wgt%	rshares	pct	time
surpassinggoogle	0 B		220,075,322,286	1%

@topcoach · May 29 '18

$0.89

Do you also, as a witness, participate in minting SBD? 

Just trying to clarify this matter pls.

👍 surpassinggoogle

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@ashfaaaq · May 29 '18

Not an issue for me now ,i only get a little amount, anyways this seems good as it's easy to convert steem to steem power.

properties (22)

@autofreak · May 29 '18

I noticed it too

properties (22)

@red-rose · May 29 '18

Hi. I had sent you a comment since long time back but you unluckily did not either see it or wanted to reply.
Again please my quedtion. I had so many posts of rewards from 0.01 to 0.029  sbd and since few weeks the final income into my account if these posts is zero. Why. Before these days back for example i was getting rewards for up to 0.029 sbd in forms of 0.012 sbd and 0.004 sp.... but now zero.... why

Pkease ket me understand

properties (22)

@leeart · May 29 '18

$1.00

I didn't even notice there was an issue.  Good thing it is back now though.

👍 surpassinggoogle, dragosroua

properties (23)vote details (2)

@gustavoadolfodca · May 29 '18

The truth seems to me a new implementation to the community, a good idea would be to do POWER UP through STEEM (for example).

properties (22)

@mahafuzur · May 29 '18

Great post..I am very happy to read it..

properties (22)

@ninegags · May 29 '18

Finally, i was waiting for this for very long! This are great news!

properties (22)

@topcoach · May 29 '18

Great development indeed. I am just getting the full picture better now. So it used to be 50/25/25 %  payouts initially.

Now I know better.

properties (22)

@aneukpineung78 · May 29 '18

Thanks. I'm gonna go check now.

properties (22)

@mysearchisover · May 29 '18

$1.12

This might warrant another more detailed post. 
Because Steem collapsed and we are now getting paid in Steem you think this is bullish for Steem?
If Steem goes up in price doesn't the payments in Steem end?

👍 surpassinggoogle, estabond, mysearchisover

properties (23)vote details (3)

@blazing · May 29 '18

$0.09

the sbd is below $2 so yeah we will get some more liquid steem for now on :)

👍 dragosroua

properties (23)vote details (1)

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