• Introduction

The Project is developed by the @knircky & @famunger. Steem-Bounty allows user to set the bounty for their post to increase the attraction of users on steemit social media platform.

"What is bounty?"

So, the bounty means a reward amount in SBD or Steem which has set by the post writer or any other for post & To be paid to the contributor of the post. (Contribution - Upvote to Post & Comment below Post.)

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• Methods of Creating Bounty

There are now two ways to create bounty. One is that in which we send amount to @steem-bounty with URL in memo & one is with the help of official website of Steem-Bounty project which had been launched one week ago. I am going to give the guides of the both way in this post.

1. Manual Transfer Method
2. By Using Website with the help of steemconnect.

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• Guide

1. Manual Transfer Method

• Step 1 - Getting the URL of the post:

Simply go to your blog & open the post for which you have to set bounty. Then copy URL from the URL Box.

• Step 2 : Go to Wallet.

• Step 3 : Click on Transfer

• Step 4 : Enter the "steem-bounty" username in To section.

• Step 5 : Select the STEEM/SBD.

• Step 6 : Enter the amount of which you have to set bounty In Amount section.

• Step 7 : Copy Link of your post & paste in Memo section

• Step 8 : Click on Submit.

• Step 9 : To confirm transfer click on OK.

• Step 10 : Sign in again.

Hence the Bounty is set by you. You will get the comment from @steem-bounty account of the bounty has been set by you which will be as follows :

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2. By Using Website with the help of steemconnect.

• Step 1 - Go to WWW.STEEM-BOUNTY.COM

• Step 2 - Login to your steemit account at www.steem-bounty.com with the steemconnect.

• Step 3 - Go to Editor

• Step 4 - Enter Title, Content & Tags.

• Step 5 - Set Bounty amount.

• Step 6 - Click on Post.

• Step 7 - Complete the transaction with steemconnect.

Hence the Bounty is set you can see message of it on page.

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• How to vote for contributors?

• 80% of the bounty is distributed according to the votes from the bounty creator or author. If the creator votes for more than one comments then relative % of the vote determines the distribution. In other words, bounty creators vote with their % sliders. This is to allow the bounty creator to distribute most of the bounty. This give simple way to author how much give to each contributor. How this 80% bounty works I had tried to explain with the help of following graphics design.

• 20% or the rest of the bounty is determined by votes of everyone else that voted on the comments. The weight of each vote is determined by the "rshares" or the effective vote values as they are displayed by steemit (those $ amounts you can see next to the votes as shown below).

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• Payout/Reward of Bounty

After 7 days of the creation of the post (Remember Post, not a Bounty) @steem-bounty will tally all the votes on comment by bounty creator & everyone else then payout will be distributed to the contributor automatically. Contributors would get at least 0.001 Steem or SBD depending of the currency of the bounty set.

@steem-bounty will also provide a corresponding Memo with transaction of bounty to your wallet and post under the winning comment. Example is below.

• Memo with the transaction :

• Post under comment :

• Join The Steem-Bounty Telegram Group

To Join Telegram Group : Click Here

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• Support Steem-Bounty Project By Vote to Witness

Step 1 : Go to Witness page Click Here

Step 2 : Enter 'steem-bounty' in box.

Step 3 : Click on Vote