http://puu.sh/rj4jx/cbe5743fbd.pngM It seems that without anyone announcing we've slipped into a new payout regime for post rewards on the STEEM network. This post will get you up to speed on what's going on. What does this mean for the the writers and artists here?

STEEM Backed Dollar supply is over > 3% of the STEEM market cap currently!

Meaning...

Payout rewards have shifted to roughly 20% STEEM / 30% SBD / 50% SP on posts.

These STEEM payouts for posts aren't reflected in the wallet as of yet!

Meaning that when you check your Author Reward it won't show up...

Steem v0.14.2 Patch Notes Info

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Steem Dollar Stability

Added functionality to aid in the stability of Steem Dollars. Starting when Steem Dollars are 2% of the market cap, a portional of content rewards will be awarded as Steem instead of Steem Dollars. The rate at which Steem Dollars are printed is 50% of the reward at 2% or less market cap and 0% at 5% or more market cap, linearly extrapolated from 2%-5% market cap. So, at 3.5% market cap content rewards will be 25% Steem Dollars, 25% Steem, and 50% Steem Power. source: https://github.com/steemit/steem/releases/tag/v0.14.2

Thoughts

Hopefully we don't see a tank in STEEM prices due to people dumping their tokens onto the markets but I think we should likely prepare for such an event. I know personally I've been powering up the STEEM I get for post payouts and I urge others to do the same. Not only do you get awesome interest on SP as well as SBD but it also powers up your votes and allows your votes to really weigh in. Please don't take this as doom calling, it isn't. We have whales trying to exit currently and that's why the market is low. I'm not giving financial advice nor telling anyone to buy / sell STEEM or SBD merely expressing what I think. :)

How to Vote @klye as Witness

Voting for me to be witness is easy and can easily be completed on the page linked below:

https://steemit.com/~witnesses

Initially I likely won't be in the top 50 witness list for super fast voting.. That's fine for now! However you can still easily vote for me by scrolling to the bottom of the page and typing klye: https://img1.steemit.com/0x0/http://puu.sh/rgl90/09077cf494.png

Thank you to all who read this and vote!

nikrevot