My Two Cents on the Rounding Down of Votes

amymya (60)in #dlive • 7 years ago

Today I have to share an important message regarding comment/ post payouts.

This is mainly geared towards newer Steemians, and Plankton and Minnows that vote with $0.01.

My friend @eonwarped shared this post by @timcliff with me this morning, and while it covers a lot of opinions and information on various aspects of upvoting content and how to not reward spam, which I will not get into here, I was very surprised to learn one thing.

Comments and posts awarded less than $0.02 receive no payout. The amount is rounded down to $0 at post payout.

Currently if a post/comment earns 0.001 to 0.019 SBD worth of rewards - this is rounded down to 0.00. If a post/comment earns at least 0.02 SBD - then they receive their reward.
-@timcliff

This is a big deal that I don't think a lot of Steemians know, especially not plankton like myself.

This affects how we should be voting if we want others to receive any payout from our votes.

As I appreciate that people take the time to read and watch what I have to share, currently I try to respond to and upvote every non spam comment on my posts with 10% vp which equals $0.01...

Or so I thought. It's actually not rewarding them at all unless their comment is upvoted by someone else too, raising it over $0.02.

In my case I'm actually "wasting" my voting power giving out ten 10% votes on comments which could be used to give out one 10 cent upvote (or five $0.02 votes etc)

Going forward I will keep this in mind when upvoting comments and always make sure it's set to 0.02 or over.

If your vote is less than $0.02, still vote as you please of course, but keep in mind that there will be no payout unless the post receives more votes.

A fellow Helpienaut suggested using @tipu to maximize their plankton vote, which others could look into as an option to reward content with more than you are able to on your own.

Did you know about this rounding down of 0.01 cent votes?

Will you change your voting strategy in the future?

Do you have more info regarding this subject?

Please let me know in the comments below.

Take care,
@amymya

My video is at DLive

#dlive-video #learning #steemit #voting #plankton #minnows #steem #news #vlog #crypto

7 years ago in #dlive by amymya (60)

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zipporah (64) 7 years ago

Thanks for the info @amymya – I had no idea. Granted, I've been pretty pre-occupied with offline things and have missed a lot, but I doubt I would've figured this out were it not for you. Sounds pretty shitty to me. Way to make it even harder for plankton to grow. :(

$1.54

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amymya (60) 7 years ago

I'm lucky to have learned and happy to be sharing! I really had no clue and it totally baffled me. Trying to spread my votes to as many worthy Steemians as I can was voting comments at 1 cent for quite awhile, now I know better and will do better. All we can do really.
I do feel bad for those that cant adjust their votes though, this rounding down does seem like people will have to rely on the higher ups even more to get a footing in the Steemiverse.
Thank you for your comment Zippy <3

$0.00

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