Steemit: The Curation League is back! New entrants welcome! Prizes available!

beautiful-barbie (9)in #curation • 7 years ago

Hi all

After a 20 day break, the Curation League that I ran for 8 weeks is back, and now I have the data to save me a 90 minute manual task! Hurray!

This means that I am willing to add anyone to the table who shows interest in the comments.

There will be some STEEM prizes on offer for people who enter this week and hopefully every week!

On your marks, get set, curate!

How well are you curating financially?

Are you making the best use of your Steem Power and votes?

This post looks at how well the users on this list are curating, purely from a financial perspective.

Curation and its rewards system is a complex beast. Here are some decent attempts at explaining how it works:

https://steem.io/getinvolved/paid-to-curate/

https://steemit.com/steemit/@calamus056/curation-rewards-explained-in-great-detail

https://steemit.com/curation/@miniature-tiger/an-illustrated-guide-to-curation-from-the-simple-to-the-complex-with-real-examples-from-past-posts-part-1

https://steemit.com/curation/@miniature-tiger/an-illustrated-guide-to-curation-from-the-simple-to-the-complex-with-real-examples-from-past-posts-part-2

My takeouts from the above, and general opinion is:
Voting in the first minute will earn you a curation reward of almost 0.000

Voting between 1 and 29 minutes will earn an increasing % of the curation rewards split, this value peaking at 30 minutes and remaining the same from this point onwards
The goal is to get in prior to the big hitters, but not too early in that your % in the 2nd point isn't too low (e.g. 15 minutes - approx 50%)
It is commonly suggested that 20-25 minutes is the 'best' time to vote (especially on known power-authors posts because they are likely to have more auto-votes coming in at these times - and you want to be ahead of these votes)
A vote of equal weight and equal Steem Power at 30 minutes will give more reward than a vote at, for example 1 hour - first come first served, but don't arrive to early :)
As you can see, a combination of many variables such as Steem Power, voting strength, voting weight, and time of vote, (and more) all play a part in the amount of reward received.

Is there a skill to it though? And how well are you doing?

The raw data has been collected from SteemSQL - @arcange's MS SQL Server copy of the Steem Blockchain.

The key formula used for 'quality of financial curation skill' is:

Curation Rewards DIVIDED BY Steem Power MULTIPLIED BY 100
Before I present the table (which has entrants from the previous Blogs on this subject), this is the criteria needed to be fulfilled to have a chance of appearing on the list:

Must have voted at least once on a piece of content in the past 7 days

Must not have leased or delegated Steem Power in the last 15 days

Must not have Started a Power Down (Withdrawl of Steem Power) in the last 15 days

The 2nd and 3rd points above are required to reduce distortion of the figures. And as curation rewards for the past week are actually taken from votes made up to 14 days ago, we need a 15 day window as mentioned in these points.

The end column is what I feel is a genuine indicator of how well you are financially working the curation game with the tools (including vested Steem Power) that you have at your disposal.

The % of curation rewarded Steem Power in relation to amount of Steem Power owned

This weeks' findings:

At the top on the re-introduction of the league is @beautiful-barbie , who has a regularly appeared in the top 5 in previous weeks. He will be tough to beat!

@beautiful-barbie has a trail you can follow at https://steemauto.com/ which you can follow :)

The average % curation reward/Steem Power this week is 0.1636
The end column is what I feel is a genuine indicator of how well you are financially working the curation game with the tools (including vested Steem Power) that you have at your disposal.

A few points:

If you have spotted any glaring errors in my post, please let me know so I can fix them

If you would like to be added or removed from my personal curation league (next weeks post) let me know

If you have any other comments, please enter them into the box below

A prize for top of the table and other secret criteria(!) will be given following next weeks post

And ...

I feel that curation should be about finding awesome content and giving it an up-vote - irrelevant of the curation rewards you might receive

Help the Steem Blockchain grow, support quality content from newer authors

I am part of a Steemit Business Intelligence community. We all post under the tag #bisteemit. If you have analysis you would like to be carried out on Steemit data, please do contact me or any of the #bisteemit team and we will do our best to help you.

I am contactable on many discord channels under the same username.