Achievement 6: Understanding Curation and Community

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To thrive in the steem blockchain as a participant, you must know how voting and curation work in Steemit, who to vote for Steem Witness, and which community to join.

This post will explains how voting and curation work, what happened if you vote a post before the 5 minutes marks after posting? Who to vote for Steem Witness and why? And which community to join and why?

Voting and curation

There's what we called fixed reward pool on Steem, from which users distribute rewards by vote to other users, who post quality content. And users who distribute these rewards get 50% of the rewards they distribute.

Your ability to distribute huge rewards depends on your steem power. The more steem power you have, the more rewards you can distribute from the reward pool.

How the reward pool is funded is that, it's funded from the tokens Steem Inc. creates, and more than half of the tokens generated fund the reward pool.

The current distribution of the reward pool is as follows:
> 65% of the new tokens that are generated go to fund the reward pool, which is share among authors and curators
> 15% of the new tokens are awarded to holders of SP
> 10% pays for the witnesses to power the blockchain
> 10% for the SPs/Steem DAO

How Voting and Curating work

There's what we called Voting Mana on Steemit;

Voting Mana is like an energy bar in a computer game that goes down a little bit every time you vote. ^Source

When you start out with 100% Voting Mana, each time you vote, you will use a small amount of your Voting Mana. And as you use more of your Voting Mana, your votes will carry less influence. A vote with 50% Voting Mana for example will be worth 1/2 as much as a vote cast with 100% Voting Mana by 20% each day.

Each 100% vote you cast will use 2% of your remaining Voting Manna. Your Mana recharges by 20% every day. And you can vote more than 10 times per day, however, every singl vote will be worthless and it then takes longer time to reach full Voting Manna again.

Every user also has a Mana pool alocated specifically for down votes. And this pool is 25% of the upvotes mana pool. Down vote will first execute this mana before consuming the regular mana. And when voting, 1/50th of the remaining mana is used for a 100% vote. The exact math is applied to downvote mana but multiplied by 4 because the down vote mana pool is 25% the size of the normal mana pool; the maximum of these values are used. When the mana pools are at 100%, the values are the same. Normal mana is then used in the same manner as the current behaviour, when downvote mana runs out.

What happened if you vote a post before 5 minutes marks after posting, and who to vote for Steem Witness and why?

The reward in Steemit is allocated in such a way that 50% of the pay out goes to the author of the post/comment and 50% goes to the curator. The rule is that, the reward can only be received from this 50/50 percent of the reward when they vote within the first 5 minutes. Where a post is upvoted before the 5 minutes marks, 100% of the curation reward will remains in the reward pool.

In deciding who to vote for Steem Witness, i advise you give your vote to a Steem Witness with a awsome reputation in pulling out Steem Power. This is because they canguarantee Steem Blockchain from which you earn rewards.

Community to Join in Steemit and Why?

There are a lot of active Communities on Steemit that you can join. However, before joining any community, look up for their community description and interest and see if they aligned with yours. Your goal for joining any community should be to impact the community and be impacted by the community.

All the communities on theSteemit can be found here, while some of the active communities include:
> Banking and Finance: Banking and Finance
> Musics for Steem contest: Music for Steem
> Mobile Apps: WhereIN
> Photography and Arts: World of Xpilar
> General topics: GEMS
> Challenges and promotion of STEEM: Steeming Curators
> Science, Math, Engineering: popularSTEM
> Arts: ART
> Economy, Crypto, Marketing: Project HOPE
> Gaming Community: INVEN Gaming
> Steem India: Steeming India
> Steem Africa: Steem Africa
> Steem Bangladesh: Steem Bangladesh
> Latino:Symbionts