Source

Introduction

In the Steem Blockchain the content creators and curators are rewarded at 7 days age of their post. This means that the post payout matures at 7 days. During these 7 days, the post receives upvotes (or downvotes if any) and the net amount of a post payout is then distributed among the author and curator(s) respectively in a ratio of 50%/50%.

What will happens if you vote before 5 mins age of post and after 6 days 12 hours age of post in Steem Blockchain?

As we all know, the rewards are allocated in ratio 50:50 to both curators and author. Out of the 50% that went to the curators, the curator will receive less than 100% curation reward if he votes before 5 minutes of the post age. The reward is calculated linearly.

• If a post is votes at the instant moment of posting, 100% of the curation will still remain in the reward pool, none will go to the curator

• At 1 minute, the curator will receive 20% while 80% goes to the reward pool.

• At 2 minutes, the curator receives 40% while 60% remains in the reward pool.

• At 3 minutes, the curator receives 60% while 40% remains at the reward pool.

• At 4 minutes, the curator receives 80% while 20% goes to the reward pool.

• At 5 minutes or later, the curator receives 100% it more of the curation reward and none goes to the reward pool.

On the other hand, if a curator votes a post after 6 days 12 hours age of a post, the voting worth starts depleting at a linear rate. The depletion starts at 0% at 6 days 12 hours and 100% depletion at 7 days of q post.

How to check how much post reward went back to the reward pool.

Screenshot of my steemworld.org

From the above screenshot, I'll use @kevinwong as a case study for better understanding. He voted my post at 4m 33ecs, he voted at 10%
voting weight at $0.39. When the post pays out, he will not receive a 100% curation reward, because he voted in less than 5minutes of the post age

Circumstances where a post earns more than 100% curation reward.

Basically, the general voting window is between 5 minutes and 6 days 12 hours age of post. So the curation reward for a single curator depends on the timing and position of the upvote.

Source

From the above formula:
P_T = Post payout at the end of 7 days.
P₀ = post payout before voting
P₁ = post payout after voting

Assumption; the curator voted after 5 minutes of post.
So ∆t = 1

Let's assume that a post payout after 7 days is $9.
We have:
P_T = $9 with $1 voting power, and the curator is the first curator.
P₁ = $1.
Now P_curation = (1/2) * (√9) * (√1 - √0) = $1.5

Result is this; the curator's upvote value is $1, if he is the first curator of the post, the payout at 7 days is $9 and he earned $1.5 as a curation reward, that is 150% upvote value as a curation reward.

Random vote from my steemworld.com

Screenshot of my steem world

I will use my vote on @ngoenyi's post as a case study.

Voting time: 1day 16hrs 58m 48sec.
Voting weight/Position: 90%
Voting Amount: 0.03
Curation Reward: 0.036sp.

The role of curation in better content discovery.

• Curation helps to checkmate the trustworthy source of a content.

• Curation reveals if the post added value to the lives of the community members of the Steem Blockchain who read the post.

• Curation helps to fish our plagirarized/spam content, then indicate that in the post and let the community know the existence of such harmful content.

• Curation helps to identify quality contents for better rewards.

Thanks for visiting my homework post.

@sapwood, here is my homework submission entry Post.

cc: @steemcurator01
cc: @steemcurator02

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