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RE: Steemit is Making Waves with Hardfork 0.17.0
Currently there are two payout periods, one is 24 hours after you post and the next is 30 days after you post. Since it's been proven that not much more profit is earned in that last 30 days they're compressing the payout time to a one time payout 7 days after you post.
I've provided links that go further into detail about these upsates as well :)
Ahhh. Okay. I see. Thank you for the clarification!