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RE: What is a Steemit Upvote? - An Illustrated Guide

in #toolkit • 7 years ago

BTW, you didn't mention 30 minutes rule.

If newbie or minnow would vote according to your rule: " The earlier that you vote on a potentially successful and highly rewarded post, the more you will make in curation rewards", so if somebody would vote in the first minute then he would get nothing because he would get 100% penalty and all his potential reward will be moved to a post author

7 years ago in #toolkit by
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     7 years ago 

    Thanks @allfabeta for the clarification! It is an important aspect of the voting system -

    Of the 25% that goes to the curator, that portion will be split between the author and the curator if the curator votes within the first 30 minutes. The split of the 25% between the author and curator during the first 30 minutes is calculated linearly based on the time the vote is cast.

    If a post is upvoted the moment of posting, 100% of the curation reward goes to the author.
    At 3 minutes, 90% goes to the author and 10% to the curator.
    At 15 minutes it's a 50/50 split.
    At 27 minutes, 10% goes to the author and 90% to the curator.
    If a post is upvoted 30 min after posting, 100% of the curation reward goes to the curator.

    For the purposes of this post we thought it might be burdensome and overly complicated for new users but it's definitely something to learn more about once you've familiarized yourself with the platform.

    Also, thanks for the translation! It's awesome. =)

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     7 years ago 

    You're welcome.

    Actually, I cannot consider myself as a newbie but before your post I didn't have a clear picture from where reward pool comes and how upvotes work.

    So it was very useful for me and I'm sure it was useful for others.

    thank you for your post!

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