+28% in Curation Rewards

+28% in Curation Rewards

By toofasteddie | The cryptorunner | 12 Jul 2021


A pleasant surprise
Now that the collateral effects of the Hardfork deployment have subsided we can get a real picture of what our rewards for curation are on the Hive blockchain.
Regardless of whether Hivestats or Hivetasks is used, I have found that my curation rewards have increased by between 20 and 30 %.

In a week of "normal" manual curation, prior to HF, my rewards for curation were around 21 HP, now I'm around 27 HP which is a 28% increase.

 

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What is the reason for this?

Well, there is no more rush to be the first to upvote "good" content, there is no 5' voting window and the curation curve is fully proportional to our stake. My curation is primarily manual at 95%, that means that with the exception of a few authors that I support unconditionally, my upvote is manual and my upvote ratio is selected based on my available power, content quality and author.

I totally believe in the power of "engagement" and "networking". This aspect has to be worked on if you want to be successful in this primarily social blockchain, so I usually upvote all the good comments I receive. The problem before was that the returns you got for voting on comments were very poor, due to the Non-Linear Rewarding curve that existed until now.
We still have a Dust Upvote barrier, which means that a post or comment that is upvoted without exceeding said barrier, its rewards will not be effective... I think I have read somewhere that this limit is something close to 2 cents with which, with my current Hive Power, that limit is easily exceeded always without affecting my Voting Power too much.

As a result, I am delighted to upvoting comments here and there, as I did before but this time without the pressure of knowing that it was not the best way to maximize rewards.

I really believe that this latest Hardfork has been the best in the history of HIVE (formerly STEEM) blockchain.

Thanks @blocktrades developers for the good work done.

@toofasteddie

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toofasteddie
toofasteddie

Dad, Engineer, Runner and Crypto-trader


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