If you delegate 1000sp, you'll get daily upvote weight corresponding to about 14000sp. It is little bit complicated please make me understand in simpls words that on delegation of 1000 how much steem i get on my post per day
As far as I can tell, no one can guarantee how much STEEM you will get exactly, because reward calculation algorithm is complex. We can only estimate approximate value.
Currently, if you get an upvote with 14000sp, it will be worth about $0.11. Payout will occur after 7 days. $0.11 worth of reward will be split in half as author reward(for author) and curation reward(for voter). So, you will get 0.055$ worth of STEEM/SBD as author reward after 7 days. @jsup will give you 90% of curation reward($0.055 * 0.9 = $0.495 worth) after 23 days. The remaining 10% will be distributed to others who didn't post that day as passive reward. Note that this is only an approximation.
I know this already sounds complicated, but that's how STEEM works and I think this is the simplest explanation I can give.
Currently, you'll get about 14x of your delegation. If you delegate 1000sp, you'll get daily upvote weight corresponding to about 14000sp.
Additionally, from 23days after delegation, you will receive daily curation/passive reward. For more information, please check the following posts:
@jsup curation project will distribute your curation reward.
passive reward function has been added to @jsup service
jsup 2.0 - make your upvote great again
If you delegate 1000sp, you'll get daily upvote weight corresponding to about 14000sp. It is little bit complicated please make me understand in simpls words that on delegation of 1000 how much steem i get on my post per day
As far as I can tell, no one can guarantee how much STEEM you will get exactly, because reward calculation algorithm is complex. We can only estimate approximate value.
Currently, if you get an upvote with 14000sp, it will be worth about $0.11. Payout will occur after 7 days. $0.11 worth of reward will be split in half as author reward(for author) and curation reward(for voter). So, you will get 0.055$ worth of STEEM/SBD as author reward after 7 days. @jsup will give you 90% of curation reward($0.055 * 0.9 = $0.495 worth) after 23 days. The remaining 10% will be distributed to others who didn't post that day as passive reward. Note that this is only an approximation.
I know this already sounds complicated, but that's how STEEM works and I think this is the simplest explanation I can give.