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RE: Steemit Education Programme - What are Vests?

in #steem-help8 years ago

Excellent post! I have been waiting for a post that explained Vests better.
Thank you, you educated me.

Another useful topic would be upvoting. I do not think new users understand the limits on upvoting and its relationship to STEEM Power (and Vests). I see a number of new users upvoting on a lot and depleting their voting power. Curating does depend on a person's accumulated STEEM Power (and Vests) too. Many minnows will school around a post only to have a bigger fish come in with an upvote to acquire a good portion of the curation rewards. Having a big fish upvote does reward the author but it also diminishes curation rewards of the first person to recognize the post. In the end it does come down to understanding curation, the 30 minute rule, and use of voting power (which diminishes with each upvote, especially after 20/day). Not understanding the rules may frustrate and discourage first time users.

In the end good quality content should have its rewards. Of course there is the 4 blog post per day limit too. After which your rewards diminish.

New users should also be taught why the rules are in place. For example, some of the rules are in place to favor human users over bots. Understanding why the rules are in place is important too.

Thanks again, and I too am a supporter of the STEEM Education Program.

Steem on,
Mike

Sort:  

Hey Mike, you have uttered my voice too. I have also vague idea about up voting as I am novice steemitian. Thanks.

I use https://www.steemworld.org/@layesmia to monitor my voting power.

Currently there is a 30 minute rule in place that you need to be aware of when upvoting.

  • If you upvote before a post is one minute old, then all of your potential curation rewards go to the author of the post.
  • If you upvote when a post is 15 minutes old, then half of your potential curation rewards go to the author of the post.
  • If you upvote when a post is at least 30 minutes old, then you keep all of your potential curation rewards.

Have a great weekend!
Steem on,
Mike

This is exactly what we need Mike. Thanks for your post!!!

Thank you, I have been thinking about this a lot of the past few days. When I get some time off, I plan to put together a few posts with many cross-links and accolades to other information posts found on SteemIt that new users may not be seeing.

Steem on,
Mike