Steem Faucet | Day 8
This project originally will be running for 100 days, but if the project succeeds it will keep on running.
I will share the full STEEM DOLLAR earnings of this post to all the people who upvote this post. No registration is needed to join the faucet as the only thing that people needs to do is to Upvote this post and wait until the payout was added to their account balance (In the Faucet). Faucet payouts will be calculated 7 days prior to this post automatically.
Payouts towards the respective Steemit Accounts will be every Sunday.
Faucet Mechanics:
This post will be open for a week (7 days). After the post claims its rewards all the Steem Dollar earnings will be distributed to all the people who upvotes the post. The rewards that goes for the Steem Power will be used to support the other project of this account which is Shooting Upvoters.
Faucet Earning Distribution:
As the faucet post claims the said reward, the total earned Steem Dollar will be divided to the total vote weight the post got. For Example the post earned a total of 100 Steem Dollar and got a total of 80 upvotes. Each upvote’s weight will be sum up and will be divided to 100 Steem Dollar. The quotient will be the faucet reward for a 1% voting power. Let say that for the 80 upvotes (50 persons upvote with 60% and the remaining 30 upvotes with 100%) the total voting weight is 6000% of voting weight, 100 will be divided to 6000 and will give us an 0.016 Steem Dollar for a 1% voting weight. If you have upvoted the post for a 100%, that will be 0.016 Steem Dollar multiplied to 100 will give you a 1.6 Steem Dollar faucet earning.
very cool!