Lesson 7: Reward Percentage for Authors, Curators and BeneficiariessteemCreated with Sketch.

in STEEM FOR BETTERLIFElast year

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Dear Steemian...

Today I continue the seventh lesson by raising the topic of Reward Percentage for authors for each post they release. I wrote this post as a form of information to newcomers about the rewards they get.

Some time ago I received several questions from steemian and I have given answers directly because they are Indonesian steemian who live close to me, he asked "What is the reward distribution system for the posts he wrote.

For example, a post looks like $108.27 but when claiming a reward the amount changes if calculated in $, initially I gave a simple answer that the reward amount in the form of $ is the reward obtained from a post which is assumed to be equivalent to $, but the reward can change according to the price Steem market and changes can occur every second.

Posts with 100% Power Up and Set 25% beneficiaries

In this post I will give a simple example of rewards from posts which are divided into several parts:

  1. Authors: Authors will get 37.50% of the total payout amount
  2. Curators: Will get 40.38% of the total payout
  3. Beneficiaries: will get 12.50% of the payout.

The percentage number above is a post with a payout of 25% to @null with a Power Up of 100%, meaning that when a post sets the payout to null as a form of support for burnsteem it will get a payout portion of 12.5% or 50% of the specified 25% payout to null.

In this case, if a post gets a total reward of 76,836$, then:

Payout$%SP
Author28.813$37.50%114.274SP
Beneficiaries9.605$12.50%38.091SP
Curators35.451$46.14%140.598SP
Returned0.460$9.61%-

Data Obtained from steemworld.org

Screenshot 2023-10-20 at 17.10.10.png

Posts that are used as examples after claiming rewards


Posts with 50% SBD and 50% SP

In the second part I want to display the reward percentage for posts in the Posts with 50% SBD and 50% SP category, I gave the example of one post with a Total Payout of 314,039$

Pay attention to the table below:

Payout$%SP
Author157.020$50.00%622.736SP
Curators132.614$42.23%525.942SP
Returned24.406$7.77%

The table above shows that 50% of the post reward goes to the author, while the curator gets 42.23% and the remaining 7.77% is returned.

Screenshot 2023-10-20 at 17.11.16.png

Posts that are used as examples before claiming rewards

From the two examples above, it can be used as a reference regarding the percentage of rewards obtained for both curators, authors and returned rewards, so that steemians can choose the type of advanced settings for their posts.

Hopefully this post is useful and can be a reference for other users on this platform and I would like to thank @steemchiller who has built and designed this web-based tool with ♥.

Wait for the next lesson in the next post about other interesting learning using steemworld.org.

Indonesia, Friday, October 20, 2023

@irawandedy

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