Well, considering most article/short fiction venues compensate the writer once, at a non-negotiable, per-word rate, with no regard to how many readers the piece reaches or how well they liked it--I think this model still beats almost every other publishing opportunity out there. I agree it's not suitable for longer works. But you can use your short stuff to promote your longer stuff.
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once the upvoting time has passed, the material can be used elsewhere. The percentage of people finding it in both places would be relatively small unless it is a very tiny niche.