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RE: How to see your future curation rewards - and how see how profitable your vote was. - Was it worth voting?

in #steemit6 years ago

This is a great article to debate on for all levels of steemit user. Everyone knows the curation mechanism is somewhat complex because at one hand the curation percentage is dependent upon the age of post, but at the same time there is a second formula which is known as "reverse auction" mechanism which works just opposite.

Curation Based on reverse auction mechanism

image.png

So as per the major voting at a particular age of the post, the total curation reward is determined, then during distribution of curation it will be determined on the basis of "reverse auction mechanism" like the person who has voted first will receive more curation than the person who has voted later.

Curation Based on the age of a post

image (1).png

Now the big question is "are you lucky to vote before a whale's vote to a post regardless of the age" if yes then you are winner in curation reward. But one must look at the whale's vote as well. if he has voted before 30 mins or after 30 mins.

We must not forget that every generic whale vote comes after 30 mins where as all bid bot votes comes within 15-25 mins and I may be wrong but I have seen this in most of the cases from steembottracker.

Let's say a post is receiving a generic and organic whale's vote which generally happens after 30 mins or even hours, then even if I vote after 20 or 30 mins to that post then I am winner. I do consider bid bot votes as synthetic votes and for promotional purpose only or to get the attention of mass only. I may be wrong also. This is my own opinion and may not be taken in a generalized sense.

Both steemworld and steembotracker are fantastic application and if you ask me, I would say this is really one of the much needed application for all steemit user and @swissclive you have demonstrated in a beautiful way in your article by giving example how to check all those things in both of the applications and I think your reader would be very very happy to read this article and I am sure they will use both the application in their day to day use of steemit. Thank you.

NB:- Both graphs uploaded here are not my original work and I have derived this from some post, I dont remeber exactly, just for making this discussion illustrative, I have uploaded these two graphs.

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@littymumma. Thanks for helping discuss the compexities of trying to calculate curation.

The sooner you vote, the bigger is the curation.

The sooner you vote, the bigger the percentage of that curation which goes to the author, not you.

The more people who vote, the smaller your share, as you split the curation with them.

The more high value votes which follow yours, the more you will earn

Your voting position is important. To maximise rewards, you want to be the first person to vote.

A perfect vote would be one where there are only 2 voters. You vote at 30 minutes. A whale votes after you. Nobody else votes.

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