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RE: What is the "Redeem Rewards" system ?
The rewards collect there now instead of going right into your wallet. I think it was added as a way to consolidate payouts to both save on blockspace and to allow for the smaller payouts to not vanish due to rounding. Possibly for future features as well.
I just collect them once a week or if I accumulate more than a few sp.
So they don't earn interest?
Nor do I lose them if I don't collect them for a month or a year or so? Right?
No they don't earn interest. Only SP earns interest right now and not much. As far as leaving them well it doesn't do much good to leave them there but I don't think they disappear.
Ok but I am not earning curation rewards on those either? So I have to claim those rewards in order to increase my SP pool to get more curation rewards right?
Yep you have to claim them to do anything with it. It's in limbo until you do.
Ok I see, thanks for answers.
This was helpful. I was scratching my head trying to sort this all out. I'm glad that its a manual process to redeem them. Brings a whole new perspective to proof of curating (proof of work).
I click my button and nothing happens. :(