What's happening with my curation rewards?
To be honest, I am shocked to see my current curation rewards for the past 7 days at only ~36 Steem, which is a huge difference from the usual ~150 Steem / week. As I've not been posting much and have dedicated my voting power for curation and supporting some authors, this certainly is starting not to look like an aligned incentive. So I did a rough calculation to see if there's really something wrong:-
- Total supply at the moment: ~260,000,000 Steem
- Current emission rate: ~9% / year = ~23,400,000 Steem / year
- Rewards for authors & curators: ~75% of emissions = ~84,000 Steem / day
- Total vested Steem: ~190,000,000 Steem Power
- My vested Steem: ~190,000 Steem Power
- Ratio of my stake: ~0.1% of network's total
- My ideal proportional earnings (author & curation rewards) = 0.1% of 84,000 Steem / day = 84 Steem / day = 588 Steem / week
- Expected curation rewards = 25% of 588 Steem / week = 147 Steem / week
- My current curation rewards = 36 Steem / week
So yes, my average curation rewards for the past year checks out at ~150 Steem / week. Something's wrong recently then seeing that it has gone down about 4.5 times. I don't mind not meeting my ideal proportional earnings from not posting often and just vote. However, this kind of curation reward for myself is just way too crappy at the moment. What's up?
Edit: Looks like it was just an error on Steemit's / Steemkr's interface.
That’s like almost 1/3, maybe if has something to do with the internal market and the price being almost the same. I’ve noticed that as well
Oh no, that's just hte price of SBD in effect. Btw, no problem here. Just a glitch yesterday lol
@kevinwong Base in steemit faq:
Did you followed this method? because I usually vote after 30 min.
I know about this, it's just that i'm not actually hunting for insane curation rewards. Just wanna keep voting like a normal person (plus some automation) and earn whatever i've been earning all along. So even if i finish reading in 5 minutes, i'll just vote.
Hi Kevin!
I checked on Steemworld... everything looks fine... you are doing 190SP a week... not bad... maybe it was just an error.
I'm doing 12SP a week... with only 2780 SP... not bad for a mannequin, haha.
Big hug
Steemitri The Mannequin
You're on Steemit, so minnow first, mannequin second!
I'm mannequin-minnow-blogger-influencer... the only one in the whole planet, haha!!!
You talk a lot for a mannequin though. 😂😂😂
I am starting to wonder... do you know Sophia the AI?
Oh Sophia! I like her ;-)
Ah.. I checked Steemit.com and Steemkr.com, both yielded same results. I guess it's an error then. Thanks..
What? share your secrets! pure curation?
I learned a lot from the "Curation League" by Asher @abh12345 ... and last week I won... yeah :-)
... I do everything manually ;-)
Wow, @abh12345 will be proud of this. His disciples are already forging ahead. Congratulations, am pushing small small.
Haha... yeah! He also sent me a postcard!!!
So... waiting for your postcard now ;-)
Plastic hug
Hahahahaha, all this manually. I really wanna be like you when I grow up.
Ah nice. Sounds suspicious though.. lol
Well seen as ginabot pinged me twice in this post, I thought I'd better come take a look!
It's really a case of time/money - however, 'time' can be devoted by someone else as per later in my reply.
You have a 1SP per 1000 SP vested return, which isn't so bad seeing as you are 75% auto.
Manually though, I think you could do much better - 50% better. However, your curation time would also go up. Unless...
For a while, @dontstopmenow was the champion of my weekly league, and that got him a job at the head of a trail in which @cryptoctopus (175k SP prior to him leasing) followed.
Circumstances have changed there recently and so @dontstopmenow is currently available (that may change soon though I guess). Anyway,I think he could get you up to 300SP+ a week.
He was up to around 320SP a week with 175k SP for cryptoctopus, who was suffering at around half that.
https://steemit.com/curation/@cryptoctopus/dontstopmenow-is-the-best-steem-curator-for-4-weeks-in-a-row-ridiculous-0-74-curation-to-sp-ratio
I would guess that you could keep some of your trails running, and perhaps lower the vote %, but that could discussed with the man in the know, if you are interested.
Cheers!
Need some serious mentorship on curation here. you guy are good at it, I know I will get there soon
Hola Asher!!!
This week I'm doing super-great, better than the last weeks ;-)
... but I'm out of the league 1 now.
Gonna check your post and the new winners tomorrow ;-)
Do you mean you want to be removed from league 1? I'll forget to do that as I use the same lists! :D
Let's see how I'm doing this week... I'm gonna stay if it's ok for you.
Haha... yeah... let's just say mannequinly
It sure is not bad =)
cool app and fast.
It seems a lot of people are thinking about Curation rewards.
I was sent here by a comment by @silentscreamer on my own post asking about curation rewards.
Wow for an account your size to be getting only 180 SP a week means you really are spreading your votes to a lot of the content that doesn't get much love or attention. good for you man.
I'm happy to see people like you who are doing this for the growth of the platform.
I myself I'm terrible at curation rewards with about 2k SP I only get 2-3 SP each week as curation rewards but I am able to spread above 500 votes to over 220 individuals who usually just get cents. In an effort for community building with @promo-mentors as well as several other small communities and authors that I support.
Thanks for the curation work you're doing. It's like that, proper curation really has to be incentivised more. But the bid bots and non-curating whales aren't helping much.
True I don't know if you have been checking Asher's (@abh12345) curation league posts which is always a good read on maximizing curation rewards and his league 2 more on Engagement and spreading votes and comments which shows how much an impact people who are in engaging the whole Steemit community.
As @davemccoy says it is the place to see the future influencers of the platform.
I noticed that too this afternoon after reading a post by @tarazkp. I think there's a glitch or some developmental issues which I haven't heard any satisfying response yet. I hope it will be corrected too or we get an explanation from the development team. But just know that it's something that is affecting everyone of us here at the moment.
Looks like it's already fixed lol. Case over xD
Yea, I just checked your account now. that's pretty awesome, did you do all that manually?
Nope, these days it's about 25% manual. Others are subcommunity curation trails :)
Yeah i also checked it out on steemworld, looks like it was just a little hiccup. I would love to be able to curate 150 SP/week. I am working hard just to get myself up to 15 SP a week right now. We all have our different battles haha. Do you use many autovoters, manually curate stuff or a bit of both? I try and do most of my curating manually, but it is time consuming, however i feel its the best way to interact with other steemians
Yeap it's just an error. Should've waited a day before lambasting out this post lol. About 25% manual for me these days, the rest is subcommunity curation trails.. yeah it really is the best way to interact. It's just I've already exceed my own brain capacity, so far I'm beginning to forget usernames past 500-600 people..
Haha its tough being at the top sometimes, so many mouths to feed. I've been following you and your team @curie for a while, any other good curation trails that you recommend? I know @steemstem has a lot going on and lots of good info, but that one requires a lot of attention due to the high level of conversation haha
I'm only familiar with @curie and @steemstem. @ocd might be good as well. And from the chats above, looks like @abh12345 is doing something good with curation too :)
cheers buddy, have a good finish to the weekend
Well, at least your current week's SP earnings' gonna look good, so you've got that going for you which is nice...
To my mind, @Kevinwong, you are one of the more generous, and discerning curators on this platform. It only seems fair that the time and effort you put into encouraging and supporting others should be better rewarded.
Feel like a ditz or dunce (or whatever the expression is) saying this, but with my head in the clouds, I'm only just beginning to figure out how curation works. All I know, thus far, is that I was told to upvote posts by others after the 30 minute mark, and that the percentage of my self-votes are decreasing over time...
But, what "vests" mean (past sartorial elegance ;) for the life of me, I've yet to figure out! Curation does seem like a noble, almost altruistic, endeavor and perhaps that is why it's not treated as a highly remunerative activity?
Anyhow, what do I know? Frankly, I'm just happy that you're blogging more frequently, so that I can get a chance to chat with you and, through you, learn a little bit more about how this platform operates as well as the crypto-world, in general :)
Cheers, mate!
I'm barely actively curating content these days. Look into @curie, they're a curation group worth supporting! Used to be active in it but we've made it in such a way that it's merit-based and there's no special treatment for founders even. So now the newer, enthusiastic bunch of hardworking curators are getting the pay instead.
If you want more curation rewards, just vote after 30 minutes on posts that are near $0. As for me, I just vote whenever..
Vests just mean Steem Power (vested form of Steem). Curation takes time, coz people need to sift through spam to find good content. @curie is the only proper altruistic curation community on the platform https://curiesteem.com, in that it doesn't play middleman to reserve funds for founders and all that sort of nonsense. The rewards are all given to contributors (curators). And yeah, I wish more "whales" support such initiative that keeps curation on new accounts going. Nobody really wants to spend time curating when it's much easier to do selfish voting rings and stuff.
Kevin, actually, I was referring to Curie, whose activities I follow with interest. I thought I read, recently, that you were one of the co-founders
(if I’m not mistaken).
It’s thanks to their curators that I stuck around in the beginning, when the anonymity that I initially sought out proved too daunting...
I realize there are many curators hard at work, behind the scenes at Curie, and assumed you might be one of them.
Thanks, for tip re: timing of votes — I’ll go back to voting whenever 🤓
So, that’s all vests mean? Good to know! I thought it was something far more techy and mysterious 🤖🤪
Is the situation now bad? If for you it looks so bad, how else with the Steemians like us, and that is the Steemians of the most. What aspects are we still optimistic about?
Nevertheless, I remain optimistic at Steemit. I hope the situation will change for the better. Thanks so much @kevinwong.
No there was no problem. Just an error on the app. Thanks for sticking by @ayijufridar
Oh, thanks so much @kevingwong. Now there is no reason to panic.
Hi there Kevin, thought I just drop by and glad to see that this is sorted out on your end. Just want to thank you for supporting my posts, really really appreciate it tons heyy :)
It was just an error on the interface. Hate to be so calculative, but it just sucks to be somewhat altruistic and losing to selfish activities lol. No problem @jassicania - keep producing the good stuff :)
I think to be honest it is fair to be aware and to calculate the votes etc. We need people like you to help keep the system in check - because people like me get totally screwed by the numbers sometimes, plus I am so new to the system.
I also saw the comment by Maverick that you really spread your votes for posts that don't get much attention. That is admirable, and I am inspired by your goodwill.
Also, I saw that you really given me a huge, major chunk of my upvote on my latest written post and I really can't thank you enough for that. I really just want you to know that this is so much appreciated, and I am inspired to pass this forward by also supporting other posts, and etc. Thank you again!
Decentralisation is valuable for any currency, and it goes well by rewarding good content! We have initiatives like @curie that looks out for supporting newer, fresher accounts. Good to know you're having a good time here, the world feels a bit weird with this thing lol.
Oh yeah I noticed that too yesterday something happened and post rewards are curation rewards are not showing accurate but sometimes it shows the accurate version of it is totally a displayment error.
It's tough being a minnow in a sea of belugas...