It gets into some complicated curation math, but basically if someone votes on a good post before others do, and then lots of people vote for the post after that, they earn higher curation rewards for being one of the early voters.
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Wouldn't it be better to disable self voting?
It can't really be done. The users who are actually using it for abuse purposes would just create a second account, and upvote account 1 from account 2 to get around it.
Yes, but that would make it a bit difficult.
It is not difficult at all.
The formula gives more of the rewards to the users that voted earlier.
It is still there. If you vote within the first 30 minutes you will share part of your curation rewards with the author.
To simplify it - if you found an amazing post that didn't have anyone voting for it, and you voted for it right at the 30 minute mark, then after that a ton more people found it and voted on it and it made it to the trending page - you would get a large amount of curation rewards.
These should help :)
That's right. Setting aside the 30 minute rule for the moment (assume all votes are >30 minutes), curation rewards are a total of 25%. Of that 25%, earlier voters get more and later voters get less (or nothing).