Dec. 16th Multi-tier Giveaway

in #freesteem7 years ago

Hello everyone!

I am going to be doing a tiered giveaway. Here's how it works.

The final amount of SBD gained by this post will be broken up into quarters.
There will be four-tiers of rewards, and each person who upvotes will be rewarded in one of those tiers based on the value of their upvote.

Tier 1: Top 10%
Tier 2: Next 15%
Tier 3: Next 25%
Tier 4: Next 50%

Each tier will receive a quarter of the total rewards.

Example:
1 SBD reward. Each tier receives .25 SBD. If there are 20 people who upvote, the rewards would be distributed as follows:

Tier 1: .25 SBD / 2 voters = .125 SBD each
Tier 2: .25 SBD / 3 voters = .083 SBD each
Tier 3: .25 SBD / 5 voters = .05 SBD each
Tier 4: .25 SBD / 10 voters = .025 SBD each

All payout amounts depend on rewards from post, how people fit into tiers will depend on whether or not there are enough people to justify each tier. Either way, SBD will be distributed to voters anyways. Payouts will be laid out in a post after rewards are sent out. Any payout from bots will be recycled into a future giveaway. I've decided to distribute rewards to anyone who upvotes instead of requiring comments.

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