Why does delegate pay rate keep decreasing? [resolved]

[puppies]

Thanks guys, thats exactly what I was looking for.

[xeroc]

Ah ... right .. assets are still very expensive .. *noted* ;)

[maqifrnswa]

why does
"blockchain_delegate_pay_rate": "1.34714 BTSX",
keep decreasing.  Whats the algorithm?  Haven't transactions and thus fees increased?

each block pays TOTAL_FEES_COLLECTED/(12*NUMBER_OF_BLOCKS_PER_DAY).
total fees collected is almost entirely from creating new assets (since it is the singular most expensive transaction one can make). People haven't made assets in a while

[bytemaster]

why does
"blockchain_delegate_pay_rate": "1.34714 BTSX",
keep decreasing.  Whats the algorithm?  Haven't transactions and thus fees increased?

The big transaction that generated the most fees was asset registration.  It is still burning through that.  The block explorer shows an average of less than 1 trx every 10 seconds, so we can expect delegate pay to approach 0.5 BTSX until things pick up some more.

[xeroc]

I just decreased the payrate of my delegates by 20% .. hence that payrate is also reduced

[puppies]

why does
"blockchain_delegate_pay_rate": "1.34714 BTSX",
keep decreasing.  Whats the algorithm?  Haven't transactions and thus fees increased?