RE: I have a question for the Steemit Community. How do Curation Rewards work?

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I have a question for the Steemit Community. How do Curation Rewards work?

in steemit •  9 years ago 

That sounds about right.. There is a curve too. If you vote at 30 minutes or later you keep all the rewards, if you vote 15 min you keep about 1/2 and give the other 1/2 to the author and if you vote right away your just giving it to the author. This was introduced after bots started voting very early on everything.

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9 years ago by

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      ·  9 years ago 

    really?

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

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      [-]
        ·  9 years ago 

      Hmm, this sounds a little backwards from everything else I have read. I thought the earlier adopters got a larger portion of the reward. Can you explain further?

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00
        [-]
          ·  9 years ago 

        "Our solution is to offer a reverse auction for curation rewards on votes cast within the first 30 minutes. The price starts out at 100% of your curation reward and falls toward 0% over 30 minutes using the curve (1-t2). The longer a bot waits to vote, the lower the fee will be. However, if someone else chooses to vote before you it would lower your potential absolute reward." -- ref

        Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

        • Disagreement on rewards
        • Fraud or plagiarism
        • Hate speech or trolling
        • Miscategorized content or spam

        Submit
        $0.00
          1 vote
          [-]
            ·  9 years ago 

          Thanks!

          Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

          • Disagreement on rewards
          • Fraud or plagiarism
          • Hate speech or trolling
          • Miscategorized content or spam

          Submit
          $0.00