How to maximise your curation rewards?
After reading @tumutanzi 's article about curation rewards, I realised that I may be one of the successful curators in terms of curation rewards obtained.
Here below is a table showing the curation rewards of the curators under the #cn tag(except @osm0sis)
| Steemit id | SP gained from curation rewards of the last seven days | Effective SP | annual rate of return(%) |
|---|---|---|---|
| @snowflake | 179,421.78 | ||
| @abit | 1,094,673.38 | ||
| @sweetsssj | 852,373.30 | ||
| @justyy | 4,713.00 | ||
| @htliao | 510,925.00 | ||
| @osm0sis | 637.88 | ||
| @tumutanzi | 515,821.00 |
(Statistics credits to @tumutanzi)
And now I am going to share my curation strategies, which is statistically proven to be one of the most successful ones on this platform!
Firstly, for some famous authors, I tend to vote between 15 and 27 minutes after the post is created.
And for the newbies and less famous Steemians who make a good post I tend to vote after 30 minutes. In a more ideal case, not many people have voted before and some dolphins or even whales vote after me then the curation rewards can be maximised.
Most importantly, the crux lies on diversifying your votes. Split your votes into lower voting percentage and let more Steemians benefit, especially for those posts which are under-valued.
So this is why the design of Steemit's reward system is so smart, it encourages the content curators who are holding a large sum of Steem power to continually discover undervalued contents and diversify their votes by giving them more rewards, benefiting both the active curators and the good authors.
In fact, if you have less SP, it is much easier to get a higher curation efficiency. So if you apply these strategies and give more votes to others you will probably get a higher % of return via curation than I do. If you think you don't have enough SP, just buy it, and support your fellow Steemit friends and good authors. Steem is a very good investment and has a high percentage of return, especially after the introduction of SMTs, I believe Steem will have a bright future.
Besides, you can also give some votes to the persons who leave constructive comments on your posts after thirty minutes. This is a bit tricky because you can get all the curation rewards from the comment, and you can also encourage more people to read your posts and interact with your contents.
So that’s basically how I curate to maximise my curation rewards based on the mechanism of curation rewards, but I am not going to explain it in detail. If you want to know more about it, you can visit this post made by @calamus056 instead.
Though these skills are indeed useful, it takes a lot of time to implement, to manually curate the posts. The only reason that I am able to achieve that is because I have a lot of spare time to spend on this platform, and I don't think it would be worth to imitate what I do if you don't have a large sum of Steem Power. Of course, you can buy a large sum of Steem and power up, just simply follow my curation trail and you may get a good profit. xD In fact, I have already noticed some smart guys following my curation trail.
I also wrote a post explaining one of the common misconceptions about curation rewards and why most people got it wrong three months ago. If you have not read it, you may be interested in this topic.
Thanks for reading and I hope you will have a better understanding of curation rewards, and how did I rock it!
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htliao! It's interesting to hear, however, don't you feel bad about autovoting popular accounts just for the curation reward? Why not only vote on things you really like, on encouraging GOOD behavior on steemit, as opposed to just trying to maximize your own benefit? Seems to me that in the long run, if enough people are just trying to maximize the benefit for themselves, the whole place will fall apart and die.
A fair point, marred only by the sizable up-vote on own comment. Perhaps for the sake of visibility, yes, lets go with that ;)
haha! It's true...I totally upvote my own comments. But I don't just upvote any comment, I am pretty tactical about putting them in view. But yeah...I see what you mean :P
With that voting weight, they are likely to be checked by small fries like myself.
I'm glad you see the lighter side of it, or else that nice up you've just given me could have been the opposite! :D
Hi @htliao! First of all congratulations, that is quite a feat! I found your strategy really interesting! When I first joined Steemit about 3 months ago I had noooo idea how any of this worked and spent weeks trying to decode it all since I am not very 'techy' at all :P
It's wonderful to hear your thoughts on supporting authors and quality content. I believe this is what sets Steemit a part from any other social media platform we have and I think that creativity that is being showcased here can really change the world, encouraging people to explore and share their passions <3
Another thing I really admired here is that you are promoting Steem, I bought in (as much as I could afford) when I first came on and I am continually putting more and more of my SP into this platform, trying to help spread the love and support people who are creating amazing posts!
I am constantly trying to advocate for people to support the platform that is giving to them. If we stand behind it and believe in it, it will be a great investment because it will succeed! I am actually about to give a talk about this in the next couple of weeks so I am really excited to keep promoting Steem!
Thanks for the great information and for supporting the community! :)
Well done @htliao 😁
Curation is an art indeed. I will also get some stats together again soon to see if you are still at the top!
Actually I don’t think that I am at the top, maybe it’s just inside the cn community, I guess a lot of people can do greater than I do.
Yes we need to access the statistics at database level to find this out. Curation data is apparently not that easy to total up per user, but I think sometime we will be able to gather it. I will let you know if/when we do :)
Hi @htliao
I made a new curation post - you are high in the charts again, but some smaller users got great results! Thanks :)
Nice analysis, read and upvoted. Yes smaller users do have advantages in getting a higher curation efficiency.
Thanks @htliao - For the large SP holders you have a really good curation reward for the week - Steem On!
I have no idea what I'm doing. I just click randomly, I'm Steemit trigger happy ;)
Thank you, I'll apply these methods here, a new steemian like me should be following through this kind of post.
@htliao thank you.
I totally agree with you, I would also apply this methods.
@htliao Thanks for sharing
Great! You are welcome~
When I get more SP and it is worth splitting my vote I will definitely remember this. Always glad when I get to learn more about Steemit and get hepful tips!
Great. Happy to know that you have learnt something from my post.
Great tips! Will e stepping up my curation game :)
Maybe, you will give me an upvote to this comment after thirty minutes, so you can get all the curation rewards from it. Ha ha……
Smart guy
Great Aricle about curation rewards..
Thanks for sharing..
Really is so useful..
Thank you!
That's a great explanation of what to do and when, it's confusing when you first arrive trying to understand how it all works.
Cheers buddy.
Thanks! :)
I really do not get much time to check other people post as you said just after the 15 to 20 minutes, but as you said I check all the people I follow whenever I get the enough time to check. Is following the curation trail without really reading the content is good for this community?
It depends. If you put your trust in a responsible curator that’s fine, but if he is irresponsible and makes a mess then it will be a disaster.
Yes it is true.