Oh Indeed on of the "PALS" right here. These will reward in both SBD/SP AND Palcoin. Palcoin can be found over at the steem-engine thingamajig. Here's the trippy part. You can post from Steemit, Palnet, Steempeak, or any of the front ends. If the tag palnet is on there, and you get an updoot from someone that has staked (powered up) Palcoin you will receive a schnitzel of palcoin. Easy peasy.
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Apparently there's to be an airdrop of palcoins as well? Do I get any of those or do I have to actually do something?
Well, there's going to be. I wish I had more information to share other than "soon". But that's all I have. I can say somewhere between 5 minutes from now and 5 days... Just a matter of making sure all of the I's are crossed and the T's dotted.
So right now I have 0 Pal power. What happens if I upvote content on palnet? Is self voting a thing?
You can self vote to your heart's content. So since you have 0 power, your palcoin vote is worth zero. Note that your percentage of power from Steem remains the same, so a 100% palcoin vote will also have a 100% steem vote.
Curation is 50/50 as a test run. Distribution is happening through claimdrop, miner tokens, and straight up exchanging for Palcoin with steem at steem-engine. We're also going to have a small faucet for people that interact on the MSP discord.
In a nut shell, Steemit dragged their feet with SMT's, so we said fuck it, we can do it ourselves.
I haven't experimented with steem-engine yet. I'll probably check that out at some point soon and maybe convert this weeks steemit earnings over to Palcoin.