These rewards are intended to encourage searching and voting on high-quality content. The system that grants them is quite complicated. I will present to you what influences their value and how to vote to get the highest rewards. I invite you to read.
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After 7 days, each post is paid out. 25% of the total amount of rewards goes to the curators. This sum may increase up to 50% in the upcoming update! How are these funds shared? Here are the factors that influence the distribution of curation rewards:
The order of votes
An overview chart below shows how your curation reward is affected by the number of people who voted. As you can see, the majority of rewards are received only by the first few curators!
I drew an overview chart
It would seem, therefore, that it is enough to vote immediately after adding posts. However, it is not because the second system works here:
Time after publication
The chart below shows that by voting on the post within 15 minutes, we give up part of our curation reward for the benefit of the author of the post. At the time of publication, the vote gives 100% of our curation reward to the author of the post.
I drew an overview chart
STEEM POWER
The third factor affecting the amount of your curation reward is the weight of your vote. The more STEEM POWER you have, the higher your curator's rewards will be. What counts is the current state of your voting power and used percent of your power.
Optimal voting strategy
Ideally, when you are the first to vote for a post after 15 minutes of publication, and ultimately this post will earn a lot. Then you will get the biggest reward!
"The system that grants them is quite complicated."
Yep! lol
How long did this post take you to research and make?
It took me 4 hours to gather knowledge and create an article describing this topic in a simple and understandable way.
The post is not giving the in-depth knowledge of curation reward. It is just small overview. At present, some rewards are goes back to reward pool, if we upvote earlier or say within 15min. If upvote in first minute the maximum reward goes back to reward pool. Have you consider this for curation?
I just wanted to describe in simple terms how it works. I know that voting for yourself before 15 minutes deprives the curation reward of your own vote.
No matter you vote yourself or other, if you vote before 15 min the portion of share goes back to reward pool depends on time.
Which is why you can use this as a perfect excuse as to why you upvote yourself immediately after posting. "I do it to help all of YOU earn more curation! I swear!" ;) a lesson learned from @fyrstikken on https://steemspeak.com discord
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Voting on yourself before 15 minutes deprives you of curation reward. I vote for myself in the first minute only to increase the visibility of the post.
Maybe, the post is meant for newbies, @mehta. 😊
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May be or may not be. The calculation of curation is very complex and not understandable easily. Even today, I can't knew complete things.
There is one additional point to the curation. Once a particular threshold of upvoters has reached, all further upvote value is awarded to the first eligible 5 or 6. Why? Because, the system can't infinitely be computing curation distribution.
So, yeah its complex.
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Thank a lot for the explanation, it is very clear..!!
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Nice. I have been voting as soon as I used to see a post. Now I know that that is not a great strategy. 😊
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It is helpful... But when voting I think we should think more about supporting the creator than just ourselves and getting the best possible curator reward.
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Yes it's true. I support many authors whom I like by voting earlier so that they would have a chance of greater visibility of post.
Gotta keep supporting the content creators we love eheh
@akiroq . Nice explanation post if curation
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Thanks @blanchy and thank you to @astromaniak for this helpful post!
That's helpful. I had no idea I've been doing it wrong so many times. Thanks for article
Wow esta genial el contenido de esta publicacion
Apenas estoy iniciando en la plataforma y estoy totalmente convencido que es la mejor ya que el apoyo es reciproco
TODO ES COMO UNA CADENA
...or sell vote to get 95-97% rewards back.
I thought this limit was made to 30 minutes. In which fork it changed from 30 to 15 minutes?
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In last HF20. In the future this time may be more shortened.
Good info for sure. Ive been away from steemit a few months good to see news that helps! Salute
Congratulations @astromaniak!
Your post was mentioned in the Steem Hit Parade in the following category:
Thanks for sharing
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Astro prosił bym Cię napisz na priv na FB. znajdź Artur Wojtczak Fotografia i wyślij wiadomość.
Wysłałem, tylko nie mam FB a sam Messenger i może być wiadomość w innej zakładce lub jako jakiś spam. Sprawdź. Konto na FB dawno temu mi zablokowali za promowanie kryptowalut.
Jeśli usunęli Ci konto na fb możesz starać się o konto na 3speak.online :)
Stellar is also a payment technology that aims to connect financial institutions and drastically reduce the cost and time required for cross-border transfers. In fact, both payment networks used the same protocol initially.
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