The experiment by @abit and Co. has aroused my curiosity around the daily payouts. How much is paid out each day and how is it distributed? *Thanks to @furion and SteemData we have access to lots of data from the Steem Blockchain in a digestible format* ### Daily Fund Steem rewards Authors and Curators with a share of the new STEEM that is created each day. (Currently STEEM is created at a rate of 9.5% a year) * Each day about 60k STEEM is created and about 34k of this goes to Authors. * About 16k to Curators and the rest to miners, witnesses and SP holders. Post rewards are shown as Steem Dollars so if the value of STEEM is up against the dollar then the value of the rewards that are paid in the day will be higher as each STEEM will be worth more. **What do the daily payouts in March Look Like?** ###Distribution of Payouts in March by Rep First Lets look at the distribution of Payouts in March for each day, coloured with the Rep of the authors. <center> http://i.imgsafe.org/95635c1edc.png *Using a log Scale* </center> From the picture if the rep is above 67 they generally get high stable payouts. The rest of the graph is dominated by the 56 to 67 bracket with a noticeable change in the last few days (during the experiment). --- ### Price of STEEM vs Daily Payouts One of the key factors affecting the daily payouts will be the price of STEEM. <center> http://i.imgsafe.org/9562e8e256.png </center> As you can see if the price of STEEM goes down, the daily payouts will be less. *(The payouts shown only account for author rewards and the last few days may not be fully paid out)* ### Distribution of Payouts Per day We should be able to see the impact of @abit s experiment in the following graph. We would expect to see spreading out of rewards among contributors or the average author percentiles payout changing. *Unfortunately as this experiment coincides with the fall in the price it will be hard to pick out trends* <center> http://i.imgsafe.org/953e8bc179.png </center> ### Conclusion I was surprised when I did the calc how little the daily rewards in total actually are at the moment and it highlights for me the fact that its very unfair when a post get a sizeable chunk of the reward fund having contributed little. This analysis does not look at the effect on curation rewards so part of the drop in payouts will be due to an increase in the curation rewards and partly due to the STEEM price. --- <center> **Thank you for reading this. I write on Steemit about Blockchain, Cryptocurrency, Travel and lots of random topics.** *All Images are from my personal library.* </center> ---
post_id | 2,154,172 |
---|---|
author | eroche |
permlink | steemit-payouts |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "format": "markdown", "users": ["abit", "furion"], "image": ["http://i.imgsafe.org/95635c1edc.png"], "tags": ["steemit", "minnowsunite", "steem-help", "writing"]}" |
created | 2017-03-15 15:07:39 |
last_update | 2017-03-15 15:08:00 |
depth | 0 |
children | 27 |
net_rshares | 15,949,454,345,224 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 14.875 SBD |
curator_payout_value | 3.582 SBD |
pending_payout_value | 0.000 SBD |
promoted | 1.167 SBD |
body_length | 2,642 |
author_reputation | 59,490,065,137,068 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 0 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
smooth | 0 | -3,031,491,166,672 | -12% | ||
rossco99 | 0 | 754,262,499,589 | 100% | ||
bonapartist | 0 | 104,027,568,134 | 100% | ||
boatymcboatface | 0 | 526,419,110,469 | 100% | ||
leesunmoo | 0 | 1,016,024,352,494 | 100% | ||
idealist | 0 | 213,561,239,770 | 100% | ||
kingscrown | 0 | 165,792,398,295 | 100% | ||
dimimp | 0 | 2,044,311,572,178 | 100% | ||
lola-carola | 0 | 2,581,188,157 | 100% | ||
kevinwong | 0 | 1,028,054,512,098 | 100% | ||
theshell | 0 | 56,081,375,346 | 100% | ||
grey580 | 0 | 374,729,694 | 1% | ||
asmolokalo | 0 | 245,490,058,130 | 100% | ||
stranger27 | 0 | 13,403,817,285 | 100% | ||
onthewayout | 0 | 4,437,342,242 | 100% | ||
sigmajin | 0 | 12,419,183,049 | 100% | ||
speda | 0 | 70,582,197,496 | 100% | ||
luisucv34 | 0 | 8,685,427,573 | 100% | ||
herverisson | 0 | 50,838,452,061 | 100% | ||
inertia | 0 | 240,207,128,260 | 100% | ||
demotruk | 0 | 858,075,368,936 | 100% | ||
ubg | 0 | 1,178,136,830 | 3% | ||
deanliu | 0 | 39,828,905,015 | 100% | ||
atsobanakis | 0 | 113,505,779 | 100% | ||
raymonjohnstone | 0 | 7,755,548,878 | 100% | ||
sergey44 | 0 | 508,550,471 | 100% | ||
michaeldodridge | 0 | 286,614,283,793 | 100% | ||
spinner | 0 | 3,657,458,794 | 100% | ||
dirty.hera | 0 | 111,582,362 | 100% | ||
twinner | 0 | 618,689,044,300 | 50% | ||
kurtbeil | 0 | 103,331,837,802 | 100% | ||
cryptos | 0 | 85,921,297,957 | 60% | ||
lemouth | 0 | 78,327,071,216 | 100% | ||
awgbibb | 0 | 102,426,198,339 | 100% | ||
neptun | 0 | 173,077,388,435 | 100% | ||
steevc | 0 | 32,239,918,155 | 100% | ||
anarchyhasnogods | 0 | 104,897,248,769 | 100% | ||
steemitpatina | 0 | 5,468,422,944 | 25% | ||
runridefly | 0 | 7,322,246,185 | 18% | ||
uwelang | 0 | 23,219,685,440 | 50% | ||
mallorca | 0 | 78,455,847,883 | 100% | ||
inphiknit | 0 | 9,681,213,853 | 71% | ||
dresden | 0 | 50,573,184,329 | 70% | ||
bleujay | 0 | 160,356,189,478 | 30% | ||
paulocouto | 0 | 747,202,110 | 100% | ||
thejohalfiles | 0 | 9,001,330,524,315 | 88% | ||
eroche | 0 | 43,533,827,919 | 100% | ||
angel76 | 0 | 13,365,548,485 | 100% | ||
sqube | 0 | 2,977,127,339 | 1% | ||
crowdfundedwhale | 0 | 39,966,654,378 | 65% | ||
nigelmarkdias | 0 | 8,259,337,970 | 100% | ||
gutzofter | 0 | 78,726,010,245 | 100% | ||
grildrig | 0 | 8,869,678,529 | 100% | ||
wagnertamanaha | 0 | 3,831,481,071 | 100% | ||
humanearl | 0 | 161,136,535,644 | 100% | ||
zedikaredirect | 0 | 6,269,582,511 | 100% | ||
leongkhan | 0 | 55,640,712,882 | 100% | ||
mathworksheets | 0 | 8,664,549,882 | 100% | ||
inber | 0 | 20,950,363,732 | 100% | ||
personz | 0 | 27,749,323,415 | 100% | ||
darth-azrael | 0 | 5,204,341,706 | 70% | ||
a-condor | 0 | 5,374,663,725 | 100% | ||
riskdebonair | 0 | 40,824,375,767 | 100% | ||
lada94 | 0 | 1,852,748,638 | 100% | ||
janmarysmith | 0 | 417,300,689 | 100% | ||
srini | 0 | 4,673,313,393 | 100% | ||
schamangerbert | 0 | 16,162,913,783 | 100% | ||
theghost1980 | 0 | 5,180,490,490 | 65% | ||
shaunmza | 0 | 7,625,719,382 | 90% | ||
filotasriza3 | 0 | 6,803,709,682 | 100% | ||
pipes | 0 | 2,977,627,629 | 100% | ||
ambyr00 | 0 | 6,034,889,750 | 100% | ||
kamidela | 0 | 51,026,950 | 100% | ||
alevale1010 | 0 | 2,415,023,056 | 100% | ||
banjo | 0 | 468,450,621 | 100% | ||
tinswel | 0 | 445,676,557 | 100% | ||
carbunco10 | 0 | 342,344,092 | 100% | ||
literallyhitler | 0 | 448,717,877 | 100% | ||
taz77 | 0 | 299,920,258 | 100% | ||
businesswri | 0 | 182,052,525 | 100% | ||
thedegensloth | 0 | 349,521,926 | 100% | ||
diracdnb | 0 | 262,133,392 | 100% | ||
yeonin | 0 | 1,145,801,318 | 100% |
This is interesting. I've been hoping someone would do some analysis of this experiment. I did see that top payments in Trending were down. My average payout may be down, but it varies a lot anyway. I have had more comments earning something as it appears that when a dolphin votes up my comment it may earn several cents. Before it would probably be 1c or less.
post_id | 2,154,506 |
---|---|
author | steevc |
permlink | re-eroche-steemit-payouts-20170315t155324795z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-03-15 15:53:24 |
last_update | 2017-03-15 15:53:24 |
depth | 1 |
children | 1 |
net_rshares | 148,431,076,688 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.027 SBD |
curator_payout_value | 0.007 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 362 |
author_reputation | 273,317,013,544,223 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
anarchyhasnogods | 0 | 104,897,248,769 | 100% | ||
eroche | 0 | 43,533,827,919 | 100% |
I wanted to include curation rewards in this analysis but unfortunately its not available from the datasource I am using. The important thing though from the experiment as far as I can see is to look at how much the rewards are redistributed among writers. The third graphs shows a drop on the 14th in median payouts which is kind of what you would expect. Its not as dramatic as I was expecting though.
post_id | 2,154,617 |
---|---|
author | eroche |
permlink | re-steevc-re-eroche-steemit-payouts-20170315t161300479z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-03-15 16:13:00 |
last_update | 2017-03-15 16:13:00 |
depth | 2 |
children | 0 |
net_rshares | 14,654,508,252 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 405 |
author_reputation | 59,490,065,137,068 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
steevc | 0 | 14,654,508,252 | 44% |
AFAIK the total number of Steem going to authors is around 43k. I'm curious to know how did you came up with 34k?
post_id | 2,154,564 |
---|---|
author | dragosroua |
permlink | re-eroche-steemit-payouts-20170315t160340624z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-03-15 16:03:39 |
last_update | 2017-03-15 16:03:39 |
depth | 1 |
children | 12 |
net_rshares | 0 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 113 |
author_reputation | 283,284,114,896,802 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
I did a very rough calc. 9.5% STEEM inflation per year gives around 60k Steem per day. Then 75% of that goes to authors and curators pot with 75% of that pot to the post payouts. This gives around 34k. This seems to also tie in with the daily payout values I was calculating based on author rewards but I stand to be corrected. Is the 43k including curation rewards?
post_id | 2,154,637 |
---|---|
author | eroche |
permlink | re-dragosroua-re-eroche-steemit-payouts-20170315t161807909z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-03-15 16:18:06 |
last_update | 2017-03-15 16:27:27 |
depth | 2 |
children | 11 |
net_rshares | 0 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 370 |
author_reputation | 59,490,065,137,068 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
I was under the impression that the Token Creation Rate is at 100%, from the whitepaper, where did you get the source of 9.5 creation rate (correction in your comment where you said inflation)?
post_id | 2,154,859 |
---|---|
author | baah |
permlink | re-eroche-re-dragosroua-re-eroche-steemit-payouts-20170315t170104885z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-03-15 17:01:09 |
last_update | 2017-03-15 17:01:09 |
depth | 3 |
children | 6 |
net_rshares | 0 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 193 |
author_reputation | 12,429,236,291,513 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
its 55K to author and curators (the rest is for pow mining and witness pay). At least 75% of that goes to authors (41.25K). At most, 25% goes to curators 13.75K... but usually the authors get about half of the 13.75K due to reverse auction.... so figure around 47K total author reward pool.
post_id | 2,158,813 |
---|---|
author | sigmajin |
permlink | re-eroche-re-dragosroua-re-eroche-steemit-payouts-20170316t051131496z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-03-16 05:11:27 |
last_update | 2017-03-16 05:11:27 |
depth | 3 |
children | 3 |
net_rshares | 0 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 293 |
author_reputation | 35,846,309,024,528 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Thanks for this analysis! Interesting thoughts!
post_id | 2,156,212 |
---|---|
author | lemouth |
permlink | re-eroche-steemit-payouts-20170315t204241416z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-03-15 20:42:42 |
last_update | 2017-03-15 20:42:42 |
depth | 1 |
children | 5 |
net_rshares | 0 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 47 |
author_reputation | 178,283,483,453,967 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Thanks @lemouth. There really is a wealth of data available from steemit. It's a very rich datasource. In the coming weeks I am going to try out some machine learning techniques to see what I can uncover.
post_id | 2,156,645 |
---|---|
author | eroche |
permlink | re-lemouth-re-eroche-steemit-payouts-20170315t214925606z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "users": ["lemouth"], "tags": ["steemit"]}" |
created | 2017-03-15 21:49:27 |
last_update | 2017-03-15 21:49:27 |
depth | 2 |
children | 4 |
net_rshares | 66,307,551,163 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 204 |
author_reputation | 59,490,065,137,068 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
gutzofter | 0 | 66,307,551,163 | 100% |
I remember having programmed a few python scripts in the past (if interested, it is [here](https://steemit.com/til/@lemouth/til-til-stats-til-about-the-til-success-on-steemit)). It is indeed possible to get a lot of stats from the database. This being said, stats for comment would be great too, at this moment where the comments can get significant rewards again.
post_id | 2,156,697 |
---|---|
author | lemouth |
permlink | re-eroche-re-lemouth-re-eroche-steemit-payouts-20170315t215850490z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "links": ["https://steemit.com/til/@lemouth/til-til-stats-til-about-the-til-success-on-steemit"], "tags": ["steemit"]}" |
created | 2017-03-15 21:58:51 |
last_update | 2017-03-15 21:59:45 |
depth | 3 |
children | 3 |
net_rshares | 0 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 365 |
author_reputation | 178,283,483,453,967 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Your [reward](https://steemit.com/steem/@tibonova/introducing-pipes) for being in `Promoted` is an upvote and 0.017 SBD extra promotion. Good job, keep your contents promoted! :)
post_id | 2,157,916 |
---|---|
author | pipes |
permlink | re-eroche-steemit-payouts-20170316t012650189z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "links": ["https://steemit.com/steem/@tibonova/introducing-pipes"], "tags": ["steemit"]}" |
created | 2017-03-16 01:26:51 |
last_update | 2017-03-16 01:26:51 |
depth | 1 |
children | 0 |
net_rshares | 10,216,461,794 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 179 |
author_reputation | 5,566,158,327,775 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
author_curate_reward | "" |
voter | weight | wgt% | rshares | pct | time |
---|---|---|---|---|---|
rouketas | 0 | 58,837,720 | 100% | ||
tibonova | 0 | 10,157,624,074 | 100% |
Good Analysis. The payment process should be extremely simplified. Then only we can expect a huge number of people come and contribute.
post_id | 2,158,912 |
---|---|
author | srini |
permlink | re-eroche-steemit-payouts-20170316t054353000z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-03-16 05:42:57 |
last_update | 2017-03-16 05:42:57 |
depth | 1 |
children | 0 |
net_rshares | 0 |
last_payout | 2017-04-15 18:32:48 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 135 |
author_reputation | 6,341,941,362,400 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
Should authors upvote their own posts at minute zero automatically?
post_id | 6,423,102 |
---|---|
author | joeyarnoldvn |
permlink | re-eroche-steemit-payouts-20170707t082019312z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-07-07 08:20:21 |
last_update | 2017-07-07 08:20:21 |
depth | 1 |
children | 3 |
net_rshares | 0 |
last_payout | 2017-07-14 08:20:21 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 67 |
author_reputation | 11,335,598,222,775 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
That is the default option and is fine for most people but in the case of a whale there are other considerations.
post_id | 6,423,779 |
---|---|
author | eroche |
permlink | re-joeyarnoldvn-re-eroche-steemit-payouts-20170707t083103892z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-07-07 08:31:06 |
last_update | 2017-07-07 08:31:06 |
depth | 2 |
children | 2 |
net_rshares | 0 |
last_payout | 2017-07-14 08:31:06 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 113 |
author_reputation | 59,490,065,137,068 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |
What happens if you upvote 5 days after or 4 months later? What is curation rewards time limit?
post_id | 6,427,198 |
---|---|
author | joeyarnoldvn |
permlink | re-eroche-re-joeyarnoldvn-re-eroche-steemit-payouts-20170707t092945237z |
category | steemit |
json_metadata | "{"app": "steemit/0.1", "tags": ["steemit"]}" |
created | 2017-07-07 09:29:45 |
last_update | 2017-07-07 09:29:45 |
depth | 3 |
children | 1 |
net_rshares | 0 |
last_payout | 2017-07-14 09:29:45 |
cashout_time | 1969-12-31 23:59:59 |
total_payout_value | 0.000 SBD |
curator_payout_value | 0.000 SBD |
pending_payout_value | 0.000 SBD |
promoted | 0.000 SBD |
body_length | 95 |
author_reputation | 11,335,598,222,775 |
root_title | "Steemit Payouts" |
beneficiaries | [] |
max_accepted_payout | 1,000,000.000 SBD |
percent_steem_dollars | 10,000 |