Flat vs Traditional Curation - Hive vs LEO Daily Curation Rewards
We know that @Leofinance changed its curation system. There is an official announcement from the team highlighting the importance of the system and how it would benefit manual curators by giving them the right and justified amount of benefit that they are entitled to for their effort.
Do you think 500 LP is a big stake? If you think this is not much then let me tell you how much Leo I managed to earn from curation alone using that Leo power.
For the simplicity in calculation, I have not included the compounding return If I chose to stake all daily Leo/Hive rewards I received.
Let's see.
Leo
Today, on October 19, 2020 I earned 0.59 liquid Leo in total from manual curation. I voted 10 articles with 100% vote power and received 50% of the curation rewards based on my engagement and upvotes. That is 36% in Annualized Rate of Return (ARR). With this rate, I will earn around 18 Leo per month.
Total Leo per day - 0.59
Total Leo per month - 18
ARR - 36%
Hive
Let’s compare this with Hive where there still is a curation reward system where the timing of upvotes matter. I have 410 effective HP on Hive and that is almost similar to my Leopower. So, it makes an interesting comparison. I earned 0.15 HP from manual curation on Hive which equals to 4.5 Hive in a month with 12.22% ARR.
Total Hive per day - 0.15
Total Hive per month - 4.5
ARR-12.22%
You can clearly see how the difference in type of curation impacts your daily earnings on two platforms. With the new flat linear curation system, I don't need to worry about the timing of the upvotes and hassle in thinking how to beat others to land that big curation pay.
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https://twitter.com/raamesa/status/1318351477509918720
https://twitter.com/FinanceLeo/status/1318363240968105984
True but once you hit more power, it's more of a benefit to upvote many posts with less voting power than it is to slam the 100% upvote on a few number of posts. I realized that and my curation has vastly improved! Though with the HF and things being wonky, I'm not too sure where it's at but hopefully once things settle out I can get an idea of where my curation is.
Having the two curation methods on the same chain is interesting though, glad they did it!
I actually prefer having multiple curation curves working at the same time. There is no perfect way to game the system that way. You may win at one token and loose at another. I like this kind of complexity :-)
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Yeah, true. It is interesting to have different options and that allows us to see which one is efficient. In the end, it is tribes' decision.
@cmplxty will definitely like complexity :P
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I agree. I will be able to comment on how curation works with higher HP. Let me accumulate some more HP first. With linear curation, there is no mystery surrounding your rewards which may be less boring but requires less attention for sure.
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I haven’t given mine much of a calculation nor do I try to optimize for curation I only have one account no Alts and I jusy keep stacking these coins so when I vote on a post or a comment it’s any bodies guess how much we both earn lol
I find that lottery for me makes it more fun
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Same here. No alts. Uncertainty is a way to go. I made this post to demonstrate how different two systems are how much impact they could have. If you love casino then definitely go for the lottery. Who knows, you may score big.
But, I believe having options to earn coins differently in various tribes within the same blockchain is interesting and powerful.
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Well depending on your stakes you could set a voting % against your main account so lets say you a bigger LEO holder you could say 10% LEO for your full HIVE upvote and vise versa
I have read many posts explaining that but I am still confused how to do it.
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I used to hit 1 Leo per day with my 600 LP in initial days. and I know there are few bots that might have unimaginable ROI. Flat curation is to discourage these bots too.
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I am not worried too much about the bots tbh. I care about my account and it seems to earn pretty decent. 1 Leo per day was not bad. But then, 0.5 Leo with current price is also good.
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In Dollar value, yes.
To be transparent, you can earn more APR on Hive curation, but that is like going 100% on automatic... I like more the LEO curation, and tbh, I have similar results to that you stated for LEO, for some other tribes also...
So, it's not a brainer for me that tribe curation is the way to go... ;)
Yeah. I was manually curating content and never got into AV on Hive. I did the same with Sportstalksocial.
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