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It all happens behind the scenes. Your best bet to keep up with this type of info is to follow the top witnesses as they sometimes make a post with the changes they do (or are planning).

so, when do they pay your for holding SBD. At the end of the year, monthly or daily basis?

Monthly, I am not sure what day, but it isn't like the 1st or anything. It might be the day of the month you initially got SBD, or maybe the day of the month you started your account.

I think it would be great if they Steemit come up with some explanation in this regard. As you said, it was used as tool to encourage users to hold onto their SBD then I think a little clarity in this regard would help promote that. Tx

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