Hi fellow Hiveians,
Today I wanted to talk about the nice switch of curation rewards in the 30-day window for me.
Curation Takes The Lead
It's official.. curation rewards have officially taken over month over month for me for the last few months!
It's certainly not a bad situation to be in, in all honesty. One of the really interesting and good things about the Hive ecosystem is that we have a lot of different elements going on. One of the most important elements is curation rewards. It's a whole different paradigm when you think about it!
Curation rewards are, as we all know, when we get our 50/50 payment when a post pays out that we voted on. As you get more Hive Power staked to your account, your slice of the pie gets bigger. The more you vote on, the more curation rewards you are accumulating throughout the day. With the account growth I've seen over the last few years, one of the things that I've been keeping an eye on is the healthy increase in the curation rewards that are kicking back. It's really fascinating to watch!
For me, voting is an enjoyable thing. I am certainly not one to shy away from visiting new peoples posts, but I tend to be a little leery of that lately. I have been much more conservative with my voting power in that I only will be manually voting others that I know are doing a good job of keeping their Hive assets on chain and not just siphoning stuff out to an exchange to sell every penny they get.
This has been a recent change, starting about the end of the summer I would say. Since then, I've been dishing out way more 40, 50 and 75% votes than I ever really have since I started to have a decent stake in the platform years ago. I think it's kind of enjoyable to be able to do that, because as I've worked pretty hard for the stake I've got, I'm able to then turn around and pay that forward to the people who I like to interact with and curate their posts.
This has in turn led to increased curation rewards as my stake continues to grow. I am really proud of where it's at, but one of the things that's been noticeable is that it's now overtaken author rewards very consistently. This is a double edged sword for me. I am incredibly grateful of the rewards I am bringing in in terms of my posts, but there are certainly some days that are much better than others. Thankfully with curation rewards, you can let that just do it's magic and come in as the posts pay out. With having done a considerable amount of voting since I started on here, those returns are increasing and very regular. I am averaging 10 Hive Power per day now for curation rewards. There are some days where it's 9 but thankfully those are fewer and further between.
With the increase in curation rewards, that means that I am consistently and steadily adding to my staked Hive Power every single day through that mechanism alone. If I were to stop posting and just curating, I would be bringing in around 3,200 Hive Power in a year. That's not bad, considering it's voting and pretty passive! Granted I don't think that would happen anytime in the near future unless I get hit by a bus or something, which hopefully I don't lol.
The next interesting thing that's going to happen is when curation is 50% of my author rewards total. That is slowly but steadily increasing! It used to be 30% of my author rewards but it's closing the gap fast! It's about 40% right now, and getting smaller.
Overall, these changes have been very welcome to see roll through. I don't look at it all the time, but I do like to take a look at it once a month or so to just see how it's doing and where things are at. I think that's a healthy boundary and limit for me. I don't want to focus obsessively on the numbers, but I do want to grow at a good pace. Curation rewards help me grow at a better pace now than they did before which is nice!
What about you, do you take a look at your curation numbers? Are you excited about them growing? Let me know in the comments!
-CmplXty. Real human written content, never AI. All pictures are mine unless otherwise stated
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That's great thank you!
We have similar curation earnings currently. I too enjoy the simplicity and low pressure of earning via curation. And I do enjoy the aspect of rewarding others. It feels good, just like it feels good when I receive a vote.
I like rewarding new users too as you mentioned. Though you said you do it less now.
Is there a reason why you are doing less rewarding of new users?
I don't do new users as much because I don't have the time to keep an eye on them. I follow Curangel voting trail and the curators there do a pretty good job.
I stay away from people who withdraw all their earnings all the time. I might give them a comment vote here and there or maybe a 10% but otherwise I don't vote them at all. The constant withdraws is what keeps the downward pressure on hive price and that's not something I think new people should be doing. This isn't an ATM, people need to be smarter with their money.
Yes some people need it for various reasons but I haven't found a way to verify they are needing it versus just lying so I stay away from them and find people who do a good job at content but also keeping their rewards mostly on the chain and in their account.
Very interesting, the bigger we grow the more curation rewards come into play. It's great that they have been accumulating more than your author rewards. I'm a much lessor share than you but it seems recently I have got a little jolt on my curation rewards. There growing faster than before. What else to do for it? Keep freaking growing, haha.
Yeah that's awesome man! I'm glad that you've noticed the boost, once you get past a certain amount it really kicks off and then the growth comes pretty steadily! What's fun too for me is it's pretty much all organic growth. I've had a few lucky swaps here and there and tossed a few dollars in with other crypto but it's just old fashioned hard work! I think you're doing the same which is awesome, so keep up the great work dude
That is pretty awesome man.
your curation is almost reaching my monthly earnings (in which I am pretty grateful considering how hard it was at the beginning).
here is my curation reward for the past 30 days.
if Hive hits $1, your monthly curation reward is more than the minimum wage here in my place.
That's awesome man! Just think, that's 40+ hive power a month for doing some fun voting :D I think it's great! You're growing quite nicely as well. One of the things that really boosts the curation is taking back all delegations so you are using pure hive power. It hurts the curation groups a little bit but there are thousands of people delegating to Curangel, OCD etc so I don't bother and keep it for myself for now! Eventually when my stake is big enough I'll do some delegation but having it all grows nicely.
If hive gets back to 1$ it will certainly be a wild time seeing these numbers. The interesting thing about it is that our votes are just a denomination of hive regardless but the price action is what makes it look so large or small. Pretty cool I think!
You are doing great! And thanks as always for your support!
At my current numbers, I usually vote either 50%/100%. I don't really track my curation numbers, as long as my Hive Power number is going up, all is good. I do enjoy voting people's posts too! Hehe! Hive to me has always been a hobby so I don't want to stress myself over setting targets or benchmarking any numbers.
Yeah hive is certainly a hobby for me, and I don't focus so much on the numbers but I do try and take a look at it every few weeks. Recently it was mainly to see if I'm earning 10+ hive per day in curation rewards which I’m close to not going under 10 anymore. Pretty wild stuff!
I enjoy your content and comments plus you keep your assets here on the platform, with some Splinterlands here and there, which is important. I get annoyed when people cash everything out.
Thanks for the compliment! Yeah I think it doesn't make sense to cash everything out, says a lot about their conviction in Hive as well.
Good for you 🥰 Enjoy your rewards