RE: Organized information campaign regarding Steemit?
The company also says it paid out $59.6 million to creators in June 2025 alone and records over 1 million transactions every 24 hours on its blockchain, pointing to high demand and usage.
Sourced to steem.com.
So they start with an obsolete number that was probably published when STEEM was around $3 or $4 or more - in 2017 I guess. Then they rephrase "paid out to users since June" (this includes authors, voters, witnesses, and SP holders, probably over multiple months) into "to creators in June 2025 alone".
This made me curious, though. If we estimate 93K rewards per day at $0.15, about 30,225 of that goes to authors (not counting burning) - $4,534 per day/$138K per month/$1.7 million per year.
As a sanity check, we could estimate market cap at $75 million and interest at 6% and we get about $4,000 per day going to creators.
So, they're overstating it by a factor of about 13K-15K Correction: ~430-490. (I accidentally compared days against months before the correction.)
It's good that you've figured this out, it's very interesting. I also noticed that the figure for the rewards paid is extremely high, but due to lack of time, I didn't go into the calculations to check it.
I wanted to know this number for a long time 😁. Even with the current bad market conditions, Steemit still rewards content creators significantly. The task of the curators is to distribute these rewards wisely.
0.00 SBD,
0.23 STEEM,
0.23 SP