Welcome to Steemit!
I joined Steemit almost two years and my journey has filled filled with many small, but important discoveries. I decided to write some of them down, because each one is important to know to be successful.
1 Minimum reward level payout.
There is a minimum amount of either author or curation reward that a post or comment must earn for you to get paid. I didn’t know this when I started and wondered why my smallest rewards didn’t show up in my wallet after seven days. If your rewards earned are less then 0.020 you don’t get paid. Those rewards are called “dust”. That’s frustrating because that reward of 0.019 might be your first author reward, but it doesn’t get paid to you. Sadly all you need is 0.001 more to get paid.
2 The 5 minute rule.
After an author submits a post a timer starts runnng and the closer you are to the time of posting the less curation reward you get, but the closer you are to 5 minutes after the author submits the post the more of the curation reward you get. So upvoting early can result in zero rewards for you, while upvoting at 5 minutes will give you the maximum curation reward.
3 Comment Rewards
You get paid a reward when someone upvotes you. In proportion to their voting power. But did you know you can upvote replies and pay the people who support you with upvotes. If you check conversations you may see six replies between the author and a follower/supporter. Each of those replies can have a reward as long as it’s above the “dust” threshold of 0.02, they get paid.
4 Resteem Posts
You can “resteem” someone else’s post , which means it will now be listed on your blog, as a way of showing the post to more people. This has two effects: (1) It potentially increases the rewards for the author and (2) It can increase the curation reward for you. It’s a win-win situation where both of you potentially benefit.
This is the end of Part 1, if you like this, please comment, upvote and resteem!
✍️ written by Shortsegments
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Shortsegments is a blogger or writer on the Steemit platform, where writers, photographers and video bloggers, along with other content producers get paid for posting their content. Steemit is a decentralized social media platform on a blockchain called Steem. A very important difference between Steemit and centralized platforms like Facebook, Instagram or YouTube, is that there isn’t a central authority or owner to take your account away from you and your account can’t be deleted. You are the owner of your account. Find out more at this Link
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