You may have noticed that I use @steem-bounty often on some of my post and you may be curious as to how this system works. In this topic we will go over the aspects of #steem-bounty and its new initiative #voteclub.

First lets go over Steem-Bounty

Steem-Bounty is a very clever and cool way to reward readers / participants of your content or someone else's content. The bounty reward can be placed in Steem or SBD. As the creator of the bounty you control how 98 % of the bounty gets rewarded. The other 2 % gets rewarded via community upvotes.

Some Useful Ways To Use Steem-Bounty Are :

Giveaway and Promotional topics and articles

If you plan on hosting a Steem or SBD giveaway then using @steem-bounty is the perfect option for you. Instead of doing multiple wallet transactions ( which will cost you RC ), you can set a bounty and simply upvote those who you wanted to reward the SBD / Steem to.

Rewarding Your Readers

My upvote isn't worth much so I sometimes use @steem-bounty as a way to reward my readers. Simply place a bounty of 0.50 SBD/Steem or more on your post and start upvoting the participants in that specific topic. Each upvote you give will reward a portion of the bounty that will be paid out once the seven day post payout threshold has ended.

Reward Readers Of Another Authors Post

Did you come across an awesome topic and want to contribute more to it. Well @steem-bounty is a great tool to do that as well. Remember you don't have to be the author of a post to place a bounty on it. Keep in mind that it's your upvotes that reward the bounty and not the authors.

How To Place A Bounty

Creating a bounty is very easy. Simply go to your wallet scroll down to your Steem or SBD section and click transfer. A new window will pop up. In this window you will place @steem-bounty where it says

TO :

You will then place the amount of Steem or SBD you want to use as a bounty in the

AMOUNT

section. Last but not least you will need to place the link to the post in which you are placing the bounty on in the

MEMO

section. A screenshot can be seen below.

Once you click send your bounty is set and within minutes your post will receive an automatic message confirming your bounty that looks like the below. If you do not receive the below message on the topic you placed the bounty on first double check to make sure you followed all steps correctly and if you did but still not have received the below message go to the @steem-bounty blog and post so in their most recent topic. It is important to note that the minimum bounty that can be placed is 0.50 SBD or Steem.

What Is Club Vote ?

Club Vote is a new initiative started by @steem-bounty. The idea behind it is simple : You exchange your vote for another vote of equal value. This service matches users of its service and automates the exchange of votes of similar value. So if you give a $1 upvote you will receive the same value upvote back from another member of the Club Vote community ( all done automatically ). To use this service you will need to sign up to it via this link ---> https://steem-bounty.com/services/vote-club. You will need to provide your posting key to use this service. When doing so you can choose how much of your voting power this service is allowed to use. You can visit the official landing page by clicking here.

The @steem-bounty initiative was started by @knircky & @famunger