RE: RE: HF21: What Makes Steem Valuable?
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RE: HF21: What Makes Steem Valuable?

frankvvv(67)
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#hf21
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I just read this, please tell me this is not true:

Under HF20 a post receiving $1 in upvotes would give the author $0.75.

Under HF21:

The reward pool will be 10% lower to fund the SPS.
The CLRC will reduce the payout by a further 40% compared to linear.
The payout to the author will then be 50% (rather than 75%).
I make this: $1 * 90% * (1 - 40%) * 50% = 0.27 under HF21

So broadly: $0.75 under HF20 vs $0.27 under HF21, a reduction of about two-thirds for smaller payouts.