I really appreciate your post. It is a good starting point for us newbies. You asked for any corrections of spelling or grammar...and well... I found one. I have a bit of a knack for seeing these sorts of things, even though it is not in my nature to be such a stickler for perfection.... The Typo is HERE "The Reward Pool

Since a fixed amount of Steem is prouced every day then the amount available for rewards every day is also fixed. Depending on how many people vote and curate those rewards ........"

Prouced - should be produced of course!

Great article though...thank you so much for all the information!