Let's Talk About 'FAIRNESS'.
261.18 LEO
That is the total amount of pending LEO rewards I have from commenting over the last 5 days. Add the total amount of pending LEO rewards I have from the articles I have published and we're up to 776.3 LEO.
Over the last 5 days, I have published a total of 6 articles and I have made 100 comments. As I get to keep 50% of the rewards, that gives me a total of 388.19 LEO. I know, anything can happen and all that, but these are the numbers we can see at the time I am writing this.
I am positive that some people would consider this to be outstanding results and some would say that it is unfair and that I am lucky to be rewarded that much.. And this is exactly what I want to talk about.
Someone told me recently that I am "everywhere" and that I deserve to be rewarded for my contributions and my efforts. I guess we have always had that same idea in our head, that we should reward quality and those who are putting in tons of time and effort, they deserve to be rewarded. I like that and I have rarely had any problems with that. People who work hard deserves to be rewarded. Most people I have talked with about this since I joined Steemit 4+ years ago seems to think in the same lines.
Despite that, we occassionally have these posts and articles where people talk about the distribution being flawed and bad, that the rich gets richer due to circle jerks and because they aren't spreading votes etc. You know what I'm talking about. You have seen those posts. They are often talking about the trending pages and how boring it is to see the same authors being heavily rewarded each day, and how bad that is.
While I might agree with some of those things, I want to talk about #leofinance and how different it is, even though it's not perfect. As you all know by now, reward curve change, manual curation and engagement is a few awesome things with LEOFinance.io, but we also have 'curators picks', which helps in terms of exposure and recognition. In a perfect world, that would obviously lead to more juicy rewards.
Before going any further, I just want to tell you that this post has nothing to do with me being unsatisfied with my results, or that I am angry or disappointed in any way. It's actually the exact opposite, which is why I feel that it is important to talk about this.
My three last articles was picked and showcased on the top of LEOFinance.io. As you can see on the screenshots, two of my articles where picked at the same time. The last article was picked and sat there for something like 10-12 hours in total. I am not entirely sure as I went to sleep, but I estimate that my 3 articles where sitting at the top for about 20 hours in total. I know that they rotated a bit, as the first post in my mini-series was the first to be picked. All of them where picked.
I am not sure if @khaleelkazi is the only one picking these posts or not, but I am obviously very grateful for the amazing encouragement and for the confidence boost!
Some of you might think that those posts, especially as they got to be "curators picks", must have been heavily rewarded as well..
And here's the thing, the actual rewards are not the most important part. Not by a long-shot actually. What's more important is the overall growth for me, and I don't see stake alone as growth.
However, at the time I'm writing this these 3 articles have pending rewards of: 40.80 LEO, 27.93 LEO and 28.92 LEO which is far less than the 3 articles I published before them. The articles before my mini-series have pending rewards of: 145.77 LEO, 136.91 LEO and 135.68 LEO at the time I'm writing this.
Trump and Biden might have been a factor for this, but the actual rewards on these articles are not that important and I will tell you why. First of all, these 3 articles got a total of 6 reblogs (so far), which obviously leads to more visibility (which increase chances for rewards & followers). These 3 articles where not crypto or finance-related content, so that I earned something is awesome!
My intentions with the mini-series was to spread knowledge and in an attempt to improve the overall optimization, as this will lead to more traffic towards LEOFinance, Hive and other communities as well. More traffic leads to higher Ad revenue on LEOFinance, more eyeballs towards content and this will also lead to more users.
- Any amount of rewards for doing that is considered to be a bonus.
However, due to manual curation on LEOFinance, there is still a good chance for more upvotes before the mini-series pays out. I have personally seen this happen more than once on my own content from both wealthier accounts as from smaller ones, so anything can happen.
Let's be honest though, I wouldn't really mind to be heavily rewarded for each and every article I wrote, because truth is that I produce quality content. I put in a lot of time, I write, edit and create my own covers. It doesn't help that I am not native in English either..
We don't decide what our content is worth though. That is for others to decide and while we are honest, how would Hive, LEO or any of the other communities look like if everyone who produced quality content was heavily rewarded for everything they did..? - Also, time spent has never been rewarded.
Seriously, think about that for a second. I can name at least 20 users who is producing quality content. If I spend some time trying to come up with more people, I would probably be able to think of about 50 users in total. Something like that. I can also tell you that I personally think that the majority of these 50 people are under-rewarded. Some of these users are rewarded well-more than they should be though, according to me. That is my personal opinion, and it is based upon how things are currently.
If everyone started to think about the rewards, and nothing besides that, I bet that most people on Hive would think that they are worth more than they get. I am sure most of them also think that they are producing high quality content as well..
- Is there even something called heavily rewarded?
Anyhow, nothing would work if everyone got hundreds of tokens for everything they did. There would be no value in tokens or in the platform. Distribution is necessary, especially to spread the rewards across the platform, as that will strengthen our community and give us a sturdy foundation to build upon..
But this is not something that happens over-night. This is a marathon and not a sprint.
- This is a journey and an adventure.
~800 LEO In 5 Days.
Let's take a look at this number again.. 776.3 LEO in 5 days. I keep 388.19 LEO for 100 comments and 6 articles. Is it fair that I have these pending rewards?
Honestly speaking, my mini-series is worth far more than my comments according to me, but something important to understand is that comments will not continue to be rewarded in the same fashion going forward. It won't last forever. Sooner or later, we will have more "accurate" rewards on comments.
The main reason for comments to be rewarded like they are and have been rewarded lately is only to boost and reward engagement. We want to have a thriving community with users who engage and interact with others and with content. The wonderful bonus that comes with this, is the distribution of tokens. It is healthy to have a strong engaging community and that is why we see people focusing on engagement.
Out of my 100 comments I have made during these last 5 days, 56 of them was rewarded.
261.18/56 = 4.78
That's 4.78 LEO per comment. If we divide the rewards with the total amount of comments we get this:
261.18/100 = 2.61
So, the average for my comments are 2.61, but I have 44 comments that have not (yet) been rewarded, so I have earned 4.78 LEO per comment that has been rewarded. Like I mentioned previously, about manual curation and that I still have a chance of getting more upvotes on my articles, the same goes for the comments as well. They can be rewarded at any time until it pays out.
If I would have the same earnings on all comments, it would be a total of: 478 LEO.
100x4.78 = 478
I know that I am just one out of dozens of people making comments. Some of them have greater results than me and others have less. That's just how it is, but our actions matters.
Without my 100 comments, those 56 comments would not have been rewarded. Without the 44 comments that has not been rewarded, I would have 0% chance of potential future rewards for them. So for each comment or each article I post, I increase my chances to be rewarded. Not only for those specific comments or articles, but also for future comments and articles I make, as I slowly but steadily will grow my audience while I am being active.
- So, am I worth the pending rewards?
I don't know, but it doesn't matter what I think, because it's not up to me. It's up to you and everyone *except me to decide what my contributions are worth. I can upvote my own things, if I wanted too, so I could reward myself ~0.200 LEO for each upvote. That's the only amount I can sort of guarantee myself..
Regardless of your decision, I will continue to do my own thing, continue to have fun, create content and engage. I would recommend doing the same thing, because it will benefit everyone in the long haul.
Posted Using LeoFinance Beta
