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RE: Preparations For Velocity (Hard Fork 20) Being Made??? Smart Media Token Publicity???

in #steem7 years ago

Still not understanding the curation time of 15 minutes. Does this mean my curation payout I receive from voting on other people’s posts can vary depending on when I curate? This is very confusing. Is 15 minutes after the post went live the “ideal” time to curate. Should I only curate posts that have just gone live? I’m making most of my rewards from curation at this point so this is an important topic for me. I appreciate your explanation and thanks for the update. I think your instincts are probably right, at least to some degree. Very exciting times ahead! Resteem

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The ideal time to upvote is before everyone else.

Curation is easily the most complicated component of the rewards system. Typically, 25% of your upvote goes into a curation pool that is distributed based on a time weighted average. Earlier is much better. If you upvote before thirty minutes, you give some of your upvote to the author instead of the curation pool. That decreases your stake in the pool, but can get you favor in the time weighting.

In HF 20, that changes from 30 minutes to 15 minutes. So an upvote at 15 will put 25% of its value into the curation pool for the post instead of only 12.5% now.

Thanks @josephsavage! This helps provide more clarity for sure. I will keep this in mind moving forward.