Another Post about explaining other rewards on Steem

In another post, this time trying to explain for a 5 year old, the steemian Aggroed (Hive account@aggroed) wrote that the folks who are authoring a brand new post are considered authors. The people that are upvoting and commenting on posts are called curators. The total reward for a post doesn't all go to the author. 25% of the rewards goes back to the curator. 75% of the rewards goes back to the author.

He also reminds that there's a weird side note to this. Suggesting thinking of it kinda like investing... people that invest in a post early benefit from the upvotes that happen afterward. If you're within the first 30 minutes some of your curation reward will actually credit back to the author. After 30 minutes, Aggroed continues, you'll get the full curation reward, but you might miss out on some of the big votes that come through. So, timing your curation matters too. If you're a minnow starting out, it doesn't really matter all that much... but as a dolphin I like to time my upvotes to be around the 20-30 minute mark, unless I think a post is going to blast off and then I think it works out to get in early.[3]

In another tutorial (with infographics) published by Sndbox (Hive account@sndbox), there is an explanation that each post and each comment is "paid out" after a 7 day window. When you receive a payout, you are actually receiving around 75% - 80% of the post amount. According them it is because the people who have upvoted your post receive rewards too! These supporters of yours are called "curators" and the remaining 20% - 25% is split among them in proportion to how much strength they put towards your post.[4]

The Steemit FAQ details that posts and comments remain active for 7 days. When the period is over, you are able to claim their earned rewards. In your Wallet, click the Claim Rewards button to add the tokens to your account