How are curation rewards calculated on the Steemit platform?
Price WieseAug 10, 2023 · 2 years ago3 answers
Can you explain how curation rewards are calculated on the Steemit platform? I'm curious to know the specifics behind this process and how it affects users' earnings.
3 answers
- Clear Eye Total Eye CareMay 07, 2023 · 2 years agoCuration rewards on the Steemit platform are calculated based on the amount of Steem Power a user holds and the amount of influence their vote has on a post. The more Steem Power a user has, the higher their curation rewards will be. Additionally, the timing of the vote also plays a role, as early votes tend to receive higher rewards. Curation rewards are distributed daily and are a way for users to earn passive income by curating quality content.
- Adithya Kumar HSep 26, 2022 · 3 years agoCalculating curation rewards on Steemit involves a complex algorithm that takes into account various factors such as the voting power of the user, the total rewards pool, and the time of the vote. The algorithm aims to incentivize users to curate valuable content and reward them accordingly. It's important to note that curation rewards are separate from author rewards, which are earned by the creator of the post.
- Boris LouchartApr 20, 2024 · a year agoCuration rewards on the Steemit platform are calculated using a formula that takes into consideration the Steem Power of the voter, the total Steem Power in the system, and the time of the vote. The formula is designed to reward users who actively curate content and discourage vote farming or spamming. The exact details of the formula are not publicly disclosed, but it ensures that curation rewards are distributed fairly and in proportion to the user's contribution.
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