QuratorToken - a New Token to Get a Hold of
QuratorToken, or Q for short, is the new token by the @qurator project. This is a token for holding and earning STEEM. Qurator helps promote members' posts through an upvote service and curation, and they intend to share 50% of their daily curation rewards with all users who have QuratorTokens, in the form of daily payouts in STEEM. The more Q tokens we have, the more STEEM we earn.
How to get QuratorTokens?
Unlike the PALcoin and the SPT, we don't earn QuratorTokens from posting or curating. The ways to get them are:
- Buy them on the Steem-Engine.com market. Each QuratorToken unit costs 1 STEEM (it's pegged to STEEM).
- Delegate SP to @qurator. 100 SP delegated gets 0.02 Q per day.
- And Qurator have said there will be airdrops and competitions with Q tokens as prizes in the future.
Image source: screenshot of the page where we can trade QuratorTokens, on the Steem Engine market.
What can QuratorTokens be used for?
Currently they can be held to earn STEEM. Each Q will give a payout of at least 0.001 STEEM per day, and the payout may be bigger depending on how many of the Q tokens are in circulation. At the moment, each Q is giving 0.002 STEEM per day, but once all tokens issued in the first round (10,000 Q) are in circulation, the payout for holding 1 Q will drop to 0.001 STEEM per day. Once Qurator's curation rewards average 30 SP per day on a 90-day period, they will issue more tokens and start another round, and the payout values may increase again.
If it were constant, the current rate of 0.002 STEEM per day would mean a 0.073 STEEM return per Q per year, and the rate of 0.001 STEEM per day would get 0.0365 STEEM per Q per year. Though this calculation doesn't take into account the payout value fluctuations that can happen over time (dropping to 0.001 STEEM after a while, rising to 0.002 or more after more time, dropping back to 0.001 later etc.).
There's no need to stake the tokens. Just having them is enough to get the daily STEEM payouts. There's no need to be a member of their community, either. But for members, Qurator has stated that in the future it will be possible to use Q tokens to buy upvotes, to get bigger upvotes by holding Q tokens, and to pay for their monthly upvote service subscriptions.
For more information about the Q token, check out the official announcement post.
You got voted by @curationkiwi thanks to aiyumi! This bot is managed by KiwiJuce3 and run by Rishi556, you can check both of them out there. To receive upvotes on your own posts, you need to join the Kiwi Co. Discord and go to the room named #CurationKiwi. Submit your post there using the command "!upvote (post link)" to receive upvotes on your post. CurationKiwi is currently supported by donations from users like you, so feel free to leave an upvote on our posts or comments to support us!
We have also recently added a new whitelist feature for those who would like to support CurationKiwi even more! If you would like to receive upvotes more than 2x greater than the normal upvote, all you need to do is delegate 50 SP to @CurationKiwi using this link.
This post has received a 3.13 % upvote from @drotto thanks to: @curationkiwi.
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