RE: Discussed Steemit on Alex Jones Infowars Today

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Discussed Steemit on Alex Jones Infowars Today

in steemit •  8 years ago 

Brand new user checking in thanks to this very mention. I'm really intrigued by the concept.

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Welcome to Steemit! It's well worth checking out... around here, content still flows freely and uninterrupted.

Welcome! I've earned more than $500 in my first three months and I hope you'll have similarly great results. Just be aware: payouts are lower than usual for the next two weeks while the payout formula shifts to a new model. Don't worry, cuz they will go way up.

For context - this content would earn you probably $10+ in the normal Steem payout system.

@heymattsokol What's the new payout model?

It's a little confusing to explain - basically, rewards used to pay out of a daily pool (100% of the rewards every day), now they pay out of a monthly pool (3% of the monthly pool each day).

It's the same total payout per day in the end - but the switch lowered rewards for a period of one month. We're about halfway(?) through this reduced payout period.

All you really need to know is - payouts will be a lot higher in a few weeks, and should stay that way.

Welcome! Steemit is a groundbreaking community and is truly awesome. This is coming from one of the most censored, fact-based people on the Internet.

<-- This guy