What I like about the new curation changes

in curation •  last month

As most of you are aware by now, with the new hardfork a lot of changes to curation were introduced, the two major changes were:

  1. Curation rewards during the penalty time go back to the rewards pool instead of going to the author as author rewards.

  2. Penalty timer down to 15 minutes from 30 minutes.

You might think that these two changes alone could not have changed curation a lot, but I feel like this is being underestimated by many.

First off, before the hardfork authors would automatically self-vote a post to receive max author rewards, now the same authors that are looking to get max returns from their votes will have to wait til the 15 minute mark to eliminate any of the rewards going back to the rewards pool. Knowing this a lot of curators will be front-running authors not just because they believe they will receive a lot of author rewards thus increasing their curation return, but a higher return from their self-votes alone is almost guaranteed. I say almost cause some authors might vote a few minutes earlier if they expect others to front-run them, do it too early though and you'll end up with a lot of curation going back to the pool and it can backfire because curators may not vote if they see you already having self-voted it.

I made a post about 6-8 months ago (couldn't find it, tried to search for a bit) stating that I will be self-voting my posts later on, sacrificing the author rewards to reward curators more. This was at the time when bid bots were becoming popular and I felt like rewarding curators to continue curating instead of giving in to bid bot ROI. I believe that with the new changes it becomes even more important to reward your curators by placing your self-votes as late as possible. Curators chasing max curation rewards will notice you doing this when they are browsing their feeds daily and notice your posts at the 1 or 2h mark without a self-vote yet. Self-votes in my opinion are a quite overrated as most of us are not going to make it into the hot or trending list to get those easy followers who most of the time may not even have much stake anyway. Most Steemians know by now that the stake of your followers and how often they curate you are way more important than making it to trending.

Even though I decided to take advantage of the self-voting early for some of my posts before the hardfork as it was nearing the last few times I could, I still felt that more users should've encouraged manual curators and rewarded them more by placing their own vote later instead a long time ago. This is something we've been doing with @ocd for the longest time, we even had an extra incentivize cause the daily unique authors we curated didn't have autovoters that were "stealing" most of the curation rewards. We were encouraging manual curators to browse through our nominations and cast their votes on the authors they liked before we curated them with the bigger accounts later. It is understandable though that not many did this because curation in general being at only 25% (even lower when instant votes didn't go back to the pool pre-HF) and many prefered delegating to bid bots instead.

I recently wrote a post announcing the new "distribution" bid bot that we have been working on lately and even though I failed to mention it there, I bet many of you were aware that through the website where you can see the queue of authors that have bought votes for their post - this will work in similar ways as to how @ocd operated encouraging manual curators as well. Now you will be able to front-run already curated and trusted quality authors with your votes before the @ocdb vote lands on them, if that's something that doesn't interest you much then you can just browse it looking for new authors you might enjoy reading their content knowing @ocd has at one point in time curated them.

The halving of the penalty was also a great addition, even though it still gradually grows from 0% curation at 0 minutes to 100% possible curation rewards at 15 minutes, 30 minutes were way too long unless it was posts that were filled with 2000+ words.

All in all I think these are great changes and we can already see them doing wonders on the platform. The selfish instant self-votes that wrecked the curation percentage are now gone, autovoters will have to adjust their vote timer on authors and hopefully at the same time reconsider voting for others who may not have gotten as lazy with their content and dare I say some people may even consider undelegating from bid bots to give curation another try? Okay maybe we aren't quite there yet but the future is bright and I hope with the addition of @ocdb raising the bar of how bid bots should operate and not reward the owners as much as they have in the past cause the delegators don't care enough as long as they get a much better income than from autovoting/curating. The advantages of opensource code and tech is that we can improve and test out this experiment over time until we find something that works in favor for most of the users and investors and I feel the recent changes, even though small had a great effect on the platform already.

Authors, please consider rewarding your curators as much as possible by voting your own posts as late as possible, it may even encourage curators and you'd end up with more post rewards this way than if you had voted as early as possible.

What do my readers/curators think about that? :)


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Now that the pool size has returned back to normal it is interesting to to see how much difference it makes because curation returns were up 70%+ for smaller accounts last week. The lack of large accounts selfvoting at 0 means that instead of an auther taking near 95% of the total (with large enough votes), they get their 75% + normal CR.

I suspect across the platform, curators will benefit 10-20% more from this with the smallest accounts getting the largest benefits which means, higher distribution of that portion of the pool. I am hoping that after a month, there will be more precise numbers coming in.

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I'm pretty sure my curation rewards almost doubled since I tracked my data using steem world and it went from 0.08-0.12 to 0.2 to sometimes even 0.35 after hf20.

Posted using Partiko Android

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yep. the pool was overflowing with Steem though so as it returns to the base point, we will get a clearer picture. Pretty certain it is still significantly in favor of curators compared to before. Which is the way it should be.

3288E612-AD02-489F-A178-05510C797A4D.png

That's really sweet of you to hold off on the self upvote, and allow curators to swoop in first <3 <3 <3

I'm really enjoying the curation changes. No complaints.

im taking from delegation to curate more. see how it goes. when you say 15 minutes is that 15.00 or 15:59 ie wait for 16minutes?

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15:00 as far as I know.

0:00 means 100% of your possible curation rewards go back to the pool (used to go to the author)
7:50 (half-way in) 50% of your possible curation rewards go back to the pool.
15:00 0% of your possible curation rewards go back to the pool. Before 15 minutes you might see competition arise between curators trying to front-run another as curation rewards don't share the linear curve that voting has.

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You wrote 7:50 as the halfway point, but time is measured in increments of 60... So seven and a half minutes is traditionally written 7:30.

Ymmv

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Haha yeah, my bad. You're right.

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ta so many questions so little time;)

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I had barely noticed this. However, I frequently upvote my comments immediately after posting after HF20

Ive been taking advantage of this. If you want to front run the ocdb bot (@ocdb) you can go here https://thegoodwhales.io/queue.html

After a few bumps in the road, I would have to day that my curation rewards do seem to be a little higher — tiny account, about 350 "effective" SP.

One of the things I've noticed — as a manual curator — is that it seems that a lot of guilds/trails haven't reset after HF.20. Used to be a whole load of votes would slam in at 29-30 minutes... and now? A whole bunch of votes still come in at 29-30 minutes, not 15.

So unless I am missing how some of the mechanics of this work, I'm getting a little unexpected bonus by rarely being "too late" when I vote at 15 minutes — manually.

So that's pretty cool.

=^..^=

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Indeed! A lot of users (for some unknown reason) are still voting at 0-10 minutes which means most of their possible curation rewards are just going back to the pool and from there to the other curators instead.

My laziness is paying off without me even knowing it apparently, as I've been waiting an hour or two before upvoting my own stuff. Again, mostly because I'm just lazy :D

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procrastination pays off! my mom would be so mad knowing being lazy to give yourself money ends up getting you more money.

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I made a post about 6-8 months ago (couldn't find it, tried to search for a bit) stating that I will be self-voting my posts later on, sacrificing the author rewards to reward curators more.

This simply means you had always had the best interest of the community at heart even before the HF20 which is very commendable. Anyways , should I be surprised? Not at all buddy. I have always known you #smiles

Although my vote is not as big I still wait till at least minute 20 to vote self reward all my early voters a bit :^) also my curation rewards doubled in hf20, I was getting 0.08 to 0.16 daily and now I get at least 0.2 to 0.35 daily! or at least that's what steem world tells me lol

Hi acid. i don't have a vote like yours but I don't self vote as I see the curators as the most important part of Steemit and want them to benefit as much as possible. It is great to receive a vote so why steal from them who are supporting you. I have noticed some are still self voting early but that shows how much they know of what is going on and didn't pay attention to the changes.

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we have so much to learn in little old minnow land...sometimes information is on overkill... it can be a jungle out there

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I have never self voted... voluntarily. I have been using Busy though and although 4 times I have gone to settings to take the check off of self voting, it keeps defaulting back. I didn't know what was going on the first time I voted myself without voting myself and it was immediate. Someone told me there should be something there when I post that I can change with each post, but I forgot to look for it tonight and it auto-self voted again. I have saved the change each time, but it doesn't stick ! So if you see my post self-voted.... it was an accident. :)

I’ve never paid any attention to my curation rewards, seeing curation as simply rewarding content I like. I therefore don’t know if my rewards are up, but I did start unchecking the upvote box on my posts. I have myself included in my steemvoter rules to upvote me at 16 mins., which is the same as I do for all those I automatically support. I honestly don’t have bandwidth for thinking about curation rewards.

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There is indeed an obvious rise of the curation reward for the minnows, especially. I’m one of the beneficiaries 😁 this is really encouraging for more curation to happen especially for minnows. Personally, I am also doing curation for contents curated by @archisteem (an initiative that I had started along with @cklai and @funtraveller). So far, we had curated around 500+ contents and the result is getting better. We also collaborated with few other curators like @steemitbloggers, @steemitworldmap, @photocircle, @travelfeed to help the authors to maximize their reward.
Then, it is time to browse through @ocd list and get more contents to curate. (Looking to power up as fast as possible to support more authors too!)

You got a 18.68% upvote from @ocdb courtesy of @acidyo!

Implementation of HF took a lot of time, but i see many advantages of this big Steem update.

Lower timer of penalty is big step to faster voting for quality content. I don't need wait like 10 more minutes after read the post to decide when click the upvote. Yeah that's more easy to make vote and then look for another content.

The Conclusion
The changes are better, curation bring more profit and I can vote faster, because i no more care about waiting time after reading post.

scooby better.gif

I love the penalty timer 15 mins. Its so much easier to wait 15 mins instead of 30

The changes were a definite boon for manual curators. Even now that the reward pool has shrunk to normal size, I seem to be getting a lot more curation rewards.

Hi @acidyo, I won't mention names but I've been noticing a person here at Steemit who is leader and has invested in Minnowbooster and several other top Steemit projects. However, when it comes to let minnows get some curation reward out of his posts it would always be least because the minute he publishes a new post, he upvotes his post right away. If curation is one big incentive that attract people to Steemit then this is a BIG flaw.

Thank You for writing this post and I'd spread the word by resteeming it.

I've already read about #ocdb and would like to explore it more in detail. There are several good authors who have stopped writing for Steemit as it brings them no returns. This is also my story. I love writing and have been enjoying it a lot during my early days at Steemit but if I have to buy votes to self-reward myself, I'd prefer not to post anything at all.

Great post.

@acidyo, thanks for the insightful post. Loads of confusion had arisen after HF20 and their was no official information I know of that really explained the curation thingy in details. Kudos.

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I can confirm that, though I am not really voting for people who does most of the self voting. I curate post most of the times and I can see that citation rewards have improved significantly.

You gave such an invaluable input on rewarding curators. It's amazing that you do it deliberately and consciously brought to the light of this. It's the benefit of HF20 and I think I commend this plus changes. Many users that were used to casting votes at the point of submitting will have to compulsory give back to the curators. I lnow steemit had been on the forefront of discouraging selfish self- votes

Thank you @acidyo. But I think there could be a follow-up post on this on "Voting rules and rewards after HF20"

is the ocdb vote scheduled to be cast at a certain time or is that a secret ? :)

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At 100% vp, you can see the queue on the website.

@acidyo, thanks for the insightful post. Loads of confusion had arisen after HF20 and their was no official information I know of that really explained the curation thingy in details. Kudos.

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I didnt know this, no one more instant voting my own posts

@acidyo, thanks for the insightful post. Loads of confusion had arisen after HF20 and their was no official information I know of that really explained the curation thingy in details. Kudos.

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All I’m happy about taking away in this video is that those who self vote aren’t able to take away a big chunk and therefore increases the curation.

Smaller accounts can now finally have a breath of fresh air, knowing their citations rewards are going to be doubled. HF 20 from the start looked terrible but I’m happy everything fell into place by the end of it.

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Honestly, I did not really notice the difference after the HF20

Is OCDB picking up where bid.bot left off?

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We are not affiliated with it, in fact we've been in progress before it was announced.

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Hmm, interesting. I had thought that project was secretly run by you. Apparently not! Apologies.

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Hah, you're actually not the first to mention that.

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Now I'm curious whom it actually was. ... I suspect I will never know.

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I didn't even know they shut down.

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I guess they got frustrated by their inability to grow, and generate better rewards. I thought they were doing well enough. Certainly they had a good focus, as you do here on validated higher quality content promotion.

Hopefully your and your projects name recognition helps you achieve what they could not and get a more significant market share.

Someone has to care about content quality around here... :) At the moment that is an altruistic position, I'm glad you choose that path anyway.

Yes, there has been a decrease in the hurried votes that people make, although still when I make a publication they vote early, I do not know why they keep doing it.
but if the majority is adapting to the voting changes.
and that improves the situation with the bid bots, which only benefited a few and reduced the healing to the content carried out by people with a lot of effort and dedication
the autovotes? well I do not vote as much, so I do not vote for myself!
what little I vote, I prefer to give it to another.

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