I'm figuring out that it is rather like tipu, in that it is a way to expand upon your voting power and pay for additional upvotes to the people that get upvoted on the post. I think I need to be encouraging everyone to upvote their favorite entries, because then the entry will get a bigger share of the Bounty. Does that sound right to you? I'll get it figured out yet!
There were a few comments and self upvotes from people who were chasing the bounty and I'm not liking that aspect of it. Unless someone explains how that benefits us, this will be my last time using it.
To place a bounty on a topic all you need to do is go to your wallet and send any amount of Steem or SBD to @steem-bounty. Place the topic url in the memo section with nothing else included.
To give out the bounty all you have to do is upvote comments in the topic the bounty was placed on. Everyone who gets upvoted wins a share of the bounty.
95 % of the bounty that is placed on a topic is paid out via the bounty creator. The other 5 % gets paid out via the community upvotes.
The bounty is then shared between everyone who got an upvote on the same day the topic reaches its payout date.
If you have anymore question ask away and I will do my best to answer them.
I'm figuring out that it is rather like tipu, in that it is a way to expand upon your voting power and pay for additional upvotes to the people that get upvoted on the post. I think I need to be encouraging everyone to upvote their favorite entries, because then the entry will get a bigger share of the Bounty. Does that sound right to you? I'll get it figured out yet!
That's how I've seen it used. @rentmoney uses it I was hoping he would see his mention and chime in
There were a few comments and self upvotes from people who were chasing the bounty and I'm not liking that aspect of it. Unless someone explains how that benefits us, this will be my last time using it.
I've seen that problem with Bounties. Don't think there is a way to stop it
That's what I was thinkig. This might not be for me.
I am just noticing this now.
To place a bounty on a topic all you need to do is go to your wallet and send any amount of Steem or SBD to @steem-bounty. Place the topic url in the memo section with nothing else included.
To give out the bounty all you have to do is upvote comments in the topic the bounty was placed on. Everyone who gets upvoted wins a share of the bounty.
95 % of the bounty that is placed on a topic is paid out via the bounty creator. The other 5 % gets paid out via the community upvotes.
The bounty is then shared between everyone who got an upvote on the same day the topic reaches its payout date.