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RE: STEEM internals #10: Payment reward system demystified.
People don't maximise their voting power. They tend to do a lot of votes in a short period of time, and then nothing for the other 23 hours. Whereas spreading their votes out throughout the day allows their account to recover power, and thus provide the max amount of reward shares.
This is correct. Due to a daily schedule not everyone is able to periodically check new content and curate it. It is also not possible during the night. This is why wealthy account owners either
This is very rare for less wealthy accounts though and I suspect that will remain as is.