What happens if you don't accept rewards and transfer to balance?
I'm noticing something fairly new to Steemit. In my wallet, a button that says something like "Accept rewards and transfer to balance" pops up when its time to receive the author/curator rewards for a post.
I understand what that means and what happens when I press it. What I'm wondering is what happens if I don't press it? Do the "rewards" go away?
Any help is appreciated!
Hi Alan,
The rewards are giving back to the rewards pool when you create the post and elect to decline them. They are not destroyed as some believe, but you are simply not claiming them for that post.
If you have elected to be paid for the post, it will be put in your pending balance in about 7 days and you can "Claim" them at anytime after that and put them in your balance.
Check out by blog for many articles on these subjects.
Many blessings.
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