In the first part of my curation to RICHES series, I missed some of the most critical information out there regarding curation and it's rewards.
Curating content is like panning for gold.
I'm going to go ahead and give a huge shout-out to @royaltiffany for pointing the critical flaws in my tutorial, be sure to go to her blog and upvote EVERYTHING, she deserves it.
If you missed my last part of curation to RICHES series, then be sure to check that out, as it's a pretty good tutorial to get started with curating content. You can find it here!
Anyway I'm going to start where I left off last time and it's in fact the most critical part of all curation.
THE FIRST 30 MINUTES ARE THE MOST CRITICAL TO CURATING CONTENT!
Why 30 minutes you may ask? Well, in the first 30 minutes your curation rewards are going to be shared with the author. Starting out with 99.94%.
This means you're going to share 99.94% of YOUR curation rewards with the author. This number is going to be scaled down as you approach closer and closer to the 30 minute mark.
After 30 minutes, you get to keep 100% of the curation rewards!
Here's a chart that shows you excatly how much you share with author at what minute mark.
This means that upvoting content right away isn't the best of all strategies. In fact you should develop a strategy, where you find the optimal reward ratio.
Most popular of authors are safe to upvote after 30 minutes, to get the most of your curation. However if you're following a bot like @wang , you're going to need to upvote a bit earlier than 30 minutes.
@wang upvotes content 15 minutes after it's published. It's wise to upvote a minute before @wang to get the curation rewards from him.
You forgot to include the other thing you messed up on. Don't vote too much and kill your voting power. Right @ubg aka mr 50% voting power.
I've been trying to not give people as much money as I used to, but it's really hard to do so.
Being the FED is hard work.
I'm still up 4% since yesterdays havoc, so I'm profiting.
Thanks for the explanations @ubg. Really helps understanding the system and the underlaying payout formulas!
Just trying to help others, while I help myself.
Hi! This post has a Flesch-Kincaid grade level of 7.5 and reading ease of 72%. This puts the writing level on par with Tom Clancy and F. Scott Fitzgerald.
👍nice post @ubg
You should stop spamming the same message everywhere. You're being counter productive.
I was looking for that info @ubg , thanks.
This is vital information for everyone to know.
Doesnt explain much at all really. There is still so much that doesn't make a whole lot of sense.
check out my first part of the tutorial here : https://steemit.com/tutorial/@ubg/getting-the-most-out-of-curation-101
Simply Great Information and Presentation