Hello! I'm a bit new here. I was going to see if anyone could please explain a bit better how the upvote system works??
Thank you,
Phinn
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Welcome
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Thank you! I'm looking forward to getting a few blogs going!
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What's up, Welcome to Steemit.
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Thank you!
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I'm a bit new here but as I understand it, upvote payouts work like this:
half of the money a post makes goes to the upvoters, more steem goes to the first voter than the second and more to the second than the third and so on. However, voting at 2 seconds on a post from a big account won't ensure a large payout because between 0 and 30 minutes a portion of the curating rewards go to the author of the post according to the time. At 27 minutes almost all goes to the voter but at 3 minutes almost all goes to the poster and at 15 minutes it is split evenly. All payouts are paid in steem power. Steem power also has a large impact on payouts. Upvotes from accounts with more steem power mean more, you may notice you can have 30 upvotes for $0.20 but one more vote gives you two steem dollars. That would be because the 31st voter had a lot of steem power. Therefore, people with more steem power also receive more in curation rewards. As a newcomer, almost all steem will be made by posting with little to nothing coming from upvoting. Lastly, voting on everything also does not work. With each vote you make, the value of your vote is worth less. If you vote is worth 1 cent at 100% power. Your 25th vote in a single day, is worth .5 cents. Every vote decreases your voting strength by 2% I believe and it resets every day if I'm correct. Hope this helps.
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Thank you so much!
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Welcome to steemit @phinn. Join #minnowsupportproject for more help. Type in the comments of a post @OriginalWorks and it will help you verify that content is original.
Transfer SBD to @treeplanter to plant trees and get an get an upvote in exchange of your donation (Min 0.01 SDB)
Upvote this comment to keep helping more new steemians
Transfer SBD to @tuanis in exchange of an upvote and support this project
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Hi and welcome to steemit. I hope that you like it here. Enjoy your time and have good luck!
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welcome to steemit comunity i hope you enjoy here :-)
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Hey @phinn! There are some quality posts concerning your question. It's a lot of information to cover in just comments. Here one example:
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Thank you :)
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Welcome to steemit. @phinn
i hope your enjoy this community.
following you now. :D
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Thanks for the follow :)
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