1- Every post's payout is divided in fix share ratio of 75% and 25% while 25% goes to curators (upvoters).
2- Upvoting your own posts and comments is generally considered not good but even if you do that timing does not matter in this case. You can chose to upvote yourself close to post creation time or payout time, your reward will remain the same.
3- When you upvote other's post - timing is very crucial specially first 30 minutes. If you upvote after 30 minutes then curator gets more reward but if you get closer to post creation time then author will get more reward share.
4- Voting power always plays great role in curation. You can decide to control your voting percentage for every upvote but you get to chose that only when you have 500SP. So thing is if you are at 100% of your voting power and suppose your vote's worth is 1$ and you decide to upvote with only 50% vote strength then your curation will contribute only 0.50$. Similarly, if your voting power is currently at 50% and you decide to upvote with vote strength of 50% then your contribution would be 0.25$.
What are curation rewards?
A reward you receive when you vote on a post. At least 50% of the rewards always go to the author, the other 50% is divided between the author, the curators and the commenters. Curation rewards are paid out 100% in STEEM POWER, which increases the power of your up-votes, so you help the content creators and yourself!
It took me some time to fully understand the whole dynamics of Steemit curation. Its a little complicated for beginners & minnows. So i decided to share it with my fellow Steemians.
• If you vote immediately after a post is submitted: The voter gets almost zero, the author gets nearly 100%.
• If you vote 15 minutes after a post has been submitted: The voter gets 50% of the curation reward, and the author gets the other 50%.
• If you vote 30 minutes (or later) after a post is submitted: The voter gets 100% of the curation reward.
The time-reward relationship is linear. The reward is progressively changing throughout that first 30 minutes. So the 15 minute mark is just an example; there is no special milestone occurring at 15 minutes. The only real milestone is at 30 minutes, when the voter hits the 100% curation payout. Until then, the author’s portion of the reward is declining and the voter’s portion of the reward is increasing, the longer you wait to upvote the post.
That means that you could jump in at any point with a vote, whether it’s at the 2 minute or 10 minute or 18 minute or 23 minute or 29:59 minute mark, or at any other point, and you would land on a point where your split with the author would be very predictable.
Resteemed to over 4500 followers and 100% upvoted. Thank you for using my service!
Read here how the new bot from Berlin works.
@resteem.bot
click hereThis post received a 27% upvote from @morwhale team thanks to @michaelmorcos! For more information, ! . this is @originalworks . steem @steemprice BTC
$4301.01 USD/BTCVolume: 54862.9 BTC ($235965745.96 USD)Last Updated Tue Oct 3 10:44:28 2017@michaelmorcos got you a $9.43 (4.0%) @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more about @minnowbooster!
To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!
For more information, Click Here!
To enter this post into the daily RESTEEM contest, upvote this comment! The user with the most upvotes on their @OriginalWorks comment will win!Special thanks to @reggaemuffin for being a supporter! Vote him as a witness to help make Steemit a better place!
Great posts.... Thank you.
you are a good writer..
Thanks, I've been struggling to understand this whole process.
cool! Thanks for this! I was wondering if you could calculate your curation reward. Like is the basis for that still your SP? If so, can you somehow get a clue on how you will get? Im asking so I can make goals for my self on how much SP i should save up for or probably just buy it and just get it back through curation and author rewards
As a follower of @followforupvotes this post has been randomly selected and upvoted! Enjoy your upvote and have a great day!
This is informative. Thanks to this.
Thanks for this, have been trying to understand the whole process. This post has helped with that.
Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.Congratulations! This post has been upvoted from the communal account, @minnowsupport, by michael from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the
so does this mean if you vote on a post 3 days old and give it $1 the author gets 0 of that?
That is how I am understanding this. If this is the case, I'll go back to paid surveys.
That's what I read, feels odd. I would think it goes the other way around. I will have to search more.
this is really nice from you i like it
Nice post, BOTTY likes it,
Major thing to consider here is that you should go for quration part only if you have more SP, cause a minnow having around 100-500 SP will generate very less curation reward. So I advice if you are a minnow, go for post creation and getting author rewards instead for going all in quration rewards and not posting.
Hope you have a better life ahead on steemit.
thanks, very good post, short and informative. Like it!
Good Luck!This post was resteemed by @resteembot!
Curious? Check out:
Check out the other resteemed posts in resteembot's feed.
Some of them are truly great.The @resteembot users are a small but growing community.
the @boomerang whitepaper.This post has received a 1.96 % upvote from @boomerang thanks to: @michaelmorcos@boomerang distributes 100% of the SBD and up to 80% of the Curation Rewards to STEEM POWER Delegators. If you want to bid for votes or want to delegate SP please read
Good Luck!This post was resteemed by @resteembot!
Curious? Check out:
Check out the other resteemed posts in resteembot's feed.
Some of them are truly great.The @resteembot users are a small but growing community.
I certainly learned a lot from your posts. Very informative. You have certainly spent a lot of time and efforts.Thank so much @michaelmorcos for sharing.
So this is a great post, but because this was written 2 months ago and over30 minutes, what will happen if I upvote your article?