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RE: Understanding Steem Economy, Its Currencies, and The Reward Distribution System!

in #steem7 years ago

I wish I was but I am not a programmer. Otherwise, I could have fetched the code and explained the Curation window to you. At the moment, 30 minutes and afterward is the time when upvotes bring maximum rewards (provided you are the earliest voter). Before that, every minute minuses a portion of curation rewards. This portion is added to the author rewards. If you vote the moment a post is published, there is zero curation reward.

20-30 minutes is thus the best time to vote on undervalued posts or the posts with low rewards at that time but expected to get bigger votes after yours. Again, 20 minutes will have a slight penalty and your curation reward will be less than 25 % of your vote value.

Note:- The curation reward system will be updated in the next fork and we will have a 15 minute window, instead of the current 30 minutes.

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Thanks for the quick answers. It's really useful to know that the initial 30 minutes will be decreased to 15!

I impressed with the so much information you have shared here including the link to some author in order to complete your topics about steem economy esp for newbies like me. I am still struggling to understand but slowly will get through. However, I have one question to ask, how early is the earliest voter here? Thanks in adv ;)

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