I'd really love to know how the rewards are calculated.
Looking at my most recent payout - please take a look :)
As you can see - this was my Contest - so I wanted to promote it. I spent 75.8 steem promoting it. The payout total was $43.434. Of course that is not ALL mine. We must divide into curator and author rewards. You can see it divded there.
My author rewards were to be divided 50/50, with 50% being powered up immediately into SP (but still, of course - the value of Steem) and the rest kept as liquid Steem and a tiny fraction as SBD, since SBD is not being printed right now.
When I look at that amount, I see $32.739 as the author rewards. I attempted to guess how much Steem that would be based on the current market. (The high point in the last 24 hours was $ 0.24713433, according to WorldCoinIndex.)
So - just assuming THAT high point (and not an average) that would be approximately $32.74 divided into Steem - right?
If the price was (let's even round up to $0.25) would that not be that I would be getting paid 130.96 steem? The 50/50 would be 65.48 into SP and 65.48 into Steem.
I asked a friend... Why was that not the amount of Steem that I received?
You can look here and see how much Steem I received, (and SP and the fractional amount of SBD)
So if I was only paid 40.603 Steem and 41.015 Steem (approximately 81.6 Steem), in order for that to equal $32.739... wouldn't Steem have needed to be paid out at approximately $0.40 cents?
And you can see that in the last 7 days - the HIGHEST Steem ever reached was at $0.32 , and the day before was even lower at $0.31.
I was told there was an average taken of 3.5 days (not sure if that is at the time of posting - or taken at the time of payout? Can anyone let me know?)
But - as I said - even if it was not the average - but even the highest price, that would still be $32.739, paid out at $0.32 cents per steem - meaning I would have gotten 102 Steem - not 81. And if it was the average price over a 3.5 day period - it would have been significantly more since Steem dropped into the low 20s.
As I stated earlier, paid out at the average of the last 3.5 days would be closer to $0.24 - and that would have meant 136 Steem.
TL/DR shortcut:
I was paid 41.015 SP, 40.603 Steem, and 0.163 SBD for an Author Payout of $32.739 (that is Total payout of $43.434 with curation rewards of $10.695 taken out) Can someone tell me how those numbers are calculated - seeing as they don't go with any of the current market value of Steem in the last 7 days?
Thanks! This will be extremely helpful for us to teach our 
