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early tiny voters can get massive benefits even with the penalty. Generally on my posts they are getting 200% at that time but it only works for tiny votes. Some of those curators are making decent percentage returns on their stake.

I think the really tiny ones just get wiped as dust

Don't think so. It is only if the entire post doesn't make it over .02 cents. Curation is paid as long as it is over 0.001 and the entire post made it past the 0.019 I think