Achievement 6 Task by @oguzvic : Understanding Curation and Community

in Newcomers' Community2 years ago

Hello steemians, after completing other achievement tasks, I have gone ahead to make my achievement 6 post.

3jpR3paJ37V8JxyWvtbhvcm5k3roJwHBR4WTALx7XaoRovZJVb1atf8PrLUqz1arf3wJgpk3T8FwQdWzWirkDBFuz11n4it8SJFfx8hT6U7y3wSfkBZa31aSFQeX84L1kjari.png
Source

Voting and curation

Steemit has something called a price pool. The price pool is where every Steem is collected. One thing about the price pool is that when one Steemit user votes another steemit user, it his assumed that the steem is transferred to the voted user from this price pool.

The greater the steem power in your wallet, the greater the rewards you can share. Users do not get the same amount of voting power from the price pool. Your valuable votes increase as your Steem power increases.

What is Voting Mana

Users can check their mana on steemd.com and on steemworld.org after voting. Voting mana decreases with each use. The lower it gets, the less rewarding the posts you like. Every user on Steemit has voting mana. 2% of your remaining voting mana is used for every 100% vote you cast. Similarly, 1% of your mana is used for every 50% vote casted.

The 3 manas in the steemd tool are: Voting Power, Downvote Power, Resource Credits.

What happens if you vote a post before 5 minutes marks after posting?

Voting a post during the first five minutes means you would lose a certain percentage of the curation reward.
If a post is upvoted the moment of posting, 100% of the curation reward will remain in the rewards pool.
At 1 minute, the curator receives 20%
At 2 minutes, the curator receives 40%
At 3 minutes, the curator receives 60%
At 4 minutes, the curator receives 80%

The remaining reward percentage at each time interval returns to the reward pool.

If a post is upvoted 5 minutes (or later) after posting, 100% of the curation reward goes to the curator.

Who will you vote for Steem Witness ? and Why?

I'll definitely vote @steemchiller as Steem witness because he developed steemworld.org, which is an amazing tool that has helped a lot of Steemit users.

Which community will you join in Steemit, and why?

I will join any community that is active, educating and helps me develop. I want to be part of communities with quality posts and engagements. So far, I have joined campusconnect, World of Xpilar and Project HOPE.

Thanks for reading.

Sort:  

I hope you have mastered the importance of your voting power and curation rewards. Choose a witness that develops useful and important tools on the blockchain. Lastly, join communities that you are comfortable working with. There are lots of communities that you can opt to, from your cooking recipes, your skills, your writings, and exciting contests. Explore and enjoy! For the latest updates and important announcements, don't forget to follow @steemitblog and visit the Steemit Crypto Academy for you to learn about cryptocurrency.

You have been verified for this task and you may now proceed to Final Task for Newcomers Achievement Program: Compilation of Achievements' Task post at your convenience. Please refer to the guide on the Newcomers Achievement Program on the Notice Board pinned post.

Curators Rate-2


Reminder

Use this upvote as your initial capital to join the #club5050 program which means to power up more than half of your cashout. Know that the Steem Greeter’s Team is very strict about this matter. We will check your wallet if you really followed the rule.

 2 years ago 

Hi, @oguzvic,

Your post has been supported by @heriadi from the Steem Greeter Team.

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 66086.15
ETH 3548.75
USDT 1.00
SBD 2.58