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Hello my friends,
how are you all Alhamdulillah everyone is safe and well. I am also healthy and well. Steemit platform is a very lucky platform for me. Where I am proud to be. I always try to share my creativity on this platform. Although currently I am working on only one community. However, I think I have learned many new things from here. And because I have learned all these things, I am able to blog here beautifully. I will try to share with you some of what I have learned.
Today I am going to share with you a few things about reward pools and payouts. Knowing these things is very important for us to work on this platform. These things are very important to know especially for those who are new to this platform.
When we post on Steemit, first of all we don't get any support. Sometimes we get huge votes. It is basically a reward for us. Basically our post will pay out seven days after we post it. We do not own the rewards we receive before payout. Because many times if someone downvotes before paying out, the reward will go away. In this case we have no possibility of getting any reward. That's why we can never own that reward before out. They are not aware of this. Many people may think that if we reward the post, we own that reward. But actually this is a misconception.
Also before the payout we often see that if the rain price is high, then the amount may increase. Again it can be seen that many times the price is likely to decrease, but then again the amount of that reward is likely to decrease. But we will own the perfect reward when the reward is added to our wallet after seven days after the payout. After the reward of our wallet comes, we mean everything to that reward. After seven days after paying out if we redeem again then those amounts will be added to our account. Then we can withdraw this amount if we want
Again when we get a vote of an amount. Then after the payout fifty percent will go to the reward pool. And fifty percent will come to our wallet. Only SP will go into the reward pool. And our fifty percent will come half as SP and half as SBD or Liquid Steam. Basically our entire reward will be divided like this. We need to know this. Hope you are clear about this matter. Especially for those who are in need of knowing this post. I will share another thing later.
Thanks everyone
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