Tutorial #2 - Upvoting And Curation Rewards Explained

Now I know you may have heard that you should all try to upvote at least 10 posts a day right? Do you know why that is?

It's actually very simple: Curation Rewards

Everytime you upvote something, you get a portion of the rewards. 25% to be exact. But before I elaborate any further on this, there is something very important you should know:

You only get 25% of your upvote's worth IF you upvote a post after 30 minutes!

Here's a basic breakdown:

  • If you upvote a new post within 15 minutes (0-14 minutes) : You get 0.01% of the curation rewards and author gets 99.99%
  • If you upvote a new post between 15 and 30 minutes, the curation rewards are split 50-50 between you and the author
  • If you upvote a new post AFTER 30 minutes, you get 100% of the curation rewards!

That being said, we'll take a scenario into play. Let's assume your upvote is worth $1. If that is the case, then each time you upvote a post after 30 minutes, you will get $0.25 worth of Steem Power when that post is 7 days old whereas the author of that post who got upvoted will receive $0.75 worth of steem power and SBD split 50-50.

It is also a good idea to upvote posts that you know will get popular. That way you can maximize your returns for curation rewards on that post! If you upvote a post that is already very popular, you probably won't get as much of an ROI so keep that in mind as well!


So that's all for this tutorial guys! If there are any questions that you may have, feel free to hit me up in the comments below and I'll be more than happy to answer them for you! :)

Sort:  

The @OriginalWorks bot has determined this post by @welcome-to-steem to be original material and upvoted(1.5%) it!

ezgif.com-resize.gif

To call @OriginalWorks, simply reply to any post with @originalworks or !originalworks in your message!

Great info thanks for sharing...

Thanks for the sharing. I really appreciate

Congratulations @welcome-to-steem! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments
Award for the number of comments received
Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @welcome-to-steem! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the total payout received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Congratulations @welcome-to-steem! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments
Award for the number of upvotes
Award for the number of upvotes received

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Great post! Thank you for sharing. I upvoted! I will be checking out many of your posts. I am a steemit newbie. Today is my first day. I have a lot to learn. I am super excited! Thanks again! :)

i like your post friend

So what's the best time to vote. Between 15-30 or after 30 mins?

Good knowledge

Coin Marketplace

STEEM 0.22
TRX 0.27
JST 0.041
BTC 104664.06
ETH 3858.84
SBD 3.32