Reward Pool Explanation
As discussions about flagging and rewards carry on it is obvious that some are still struggling to understand how the reward system works.
Simple Explanation of how the reward system works:
- Each day the Steem Blockchain creates new Steem
- That Steem is distributed via our votes
- The more stake you hold the more your votes are worth
- When you post (or comment) the community has 3 options
- no action
- A post is active for 7 days
- When that week is over you get to claim whatever the balance is.
It is a stake based system, so what you choose to hold in Steem Power matters.