99.94 seems a lot... you should only forfeit that much if you vote within seconds of the post going up.
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99.94 seems a lot... you should only forfeit that much if you vote within seconds of the post going up.
the way it's established is
0-15mins = 99.94% goes to poster, 0.6% to curators
15- 30 = 50% - 50% ** 15mins mark isn't a set in stone threshold, the only real one is the 30mins mark.
30+ = 100% to curators
This is only valid for Curation rewards, the author still receives 50% or more of the total rewards.
Source = https://steemit.com/steem/@steemship/how-to-vote-smart-and-profit-from-steemit-s-new-curation-rewards
We might think that waiting 30mins before upvoting / commenting would be the smart thing to do, but truth is, waiting that long opens the door to not being among the first to upvote / comment, so by the time you do so, others will have jumped in before you, and this dilutes the rewards.
You've mis-understood what @steemship was saying,
(own emphasis added)
If you vote after 14 minutes, you'll forfeit something like 53% of Rewards due to you, not 99.4%
Read this post for a full picture of how it works/ when and why the rules works that way:
https://steemit.com/steem/@steemitblog/latest-curation-reward-solution
Appologies, I indeed misunderstood , thanks for the precision and the link :)