We got various complaints regarding the 50/50 split of the rewards for the Utopian posts, this one in particular and we believe it is time to make some clarifications.
50/50 Split SBD / SP
We had a bug and we thought we had it fixed two times while actually was not like that. Now it is fixed for real. In percent_steem_dollars we were adding 5000, but then realised it should be 10000, even though this does not make much sense in our opinion. This is why you were receiving more SP than SBD. Now the bug is over since 3 days and new posts using the option 50/50 should work as expected.
Beneficiary System For Authors
When you post in Utopian.io a minimum of 15% to a maximum of 25% of your author rewards is given back to the sponsors and to the moderators, since it is thanks to the sponsors that you can get high votes and it is thanks to moderators if the quality of our platform is increasing.
The 15-25% will be taken from the 75% of your author rewards, while the remaining 25% is taken by Steem for the curation rewards. So your earnings are 75% of the total amount your post got, minus 15-25% given back to the Utopian Sponsors and Moderators.
Beneficiary System For Sponsors
When you become an Utopian Sponsor you will be added as beneficiary in the posts created on utopian. 20% of the author rewards are dedicated to the sponsors based on how much they delegate.
As a sponsor the more you delegate the sooner you will be included in the beneficiaries and rewarded. This is because Steem only accepts max 8 beneficiaries per post.
This also means if you un-delegate before being included as a beneficiary of any post, you may end up not getting anything. There is a queue managed by Utopian and you can see how much you are supposed to get under Should Receive More in the Utopian.io Sponsors Page.
The Should Receive More tells you how much you have already accumulated and DOES NOT include the pending rewards not yet cashed out. So actually you will get more than what you see in Should Receive More. It is a deferred system. With this system the only thing you have to do to get your rewards is to show commitment and not un-delegate until you get what you are supposed to get.
Why Utopian Is Being Now Included As a Beneficiary?
@Ned is still a sponsor but has rejected his rewards. So he does not get a cent from delegating to Utopian. As a sponsor when you decline your rewards, the rewards you should have got will be given to the main @utopian-io account and used to delegate to other projects or to reward the contributions with the Utopian Bot.
Utopian Community-Driven Witness
We are made of developers, system administrators, entrepreneurs, artists, content creators, thinkers. We embrace every nationality, mindset and belief.
Utopian.io is the first Community-Driven Witness. Every decision will be taken as per the consensus of the entire community using our public Discord server and soon via a public voting system.
- Go here Steem Witnesses
- Scroll to the bottom
- Write utopian-io and vote or set utopian-io as a proxy
- Use Steem Connect for Voting Utopian as a Witness
- Or Use Steem Connect for proxying your vote to Utopian Witness
A Special Thanks to The Sponsors
| @freedom (Vote for Witness) @misterdelegation @ned @transisto @wackou (Vote for Witness) @xeldal (Vote for Witness) @lafona-miner (Vote for Witness) @steempty (Vote for Witness) @good-karma (Vote for Witness) @thecryptodrive (Vote for Witness) @netuoso (Vote for Witness) @furion (Vote for Witness) @cnts @javybar @minnowbooster @jesta (Vote for Witness) @tarekadam @jerrybanfield (Vote for Witness) @billbutler @utopian-io (Vote for Witness) @ajvest (Vote for Witness) @elear @masterthematrix @materia @walterjay @da-dawn @yabapmatt (Vote for Witness) @forykw @reggaemuffin (Vote for Witness) @delegate.lafona (Vote for Witness) @flauwy @imacryptorick @jedau @agoric.systems (Vote for Witness) @teamsteem (Vote for Witness) @deanliu @lexiconical @lukestokes.mhth @masterofcoin @cmorton @johnsmith @techslut @moneylife @dylanhobalart @jerzy @dragosroua (Vote for Witness) @unosuke @rival (Vote for Witness) @gokulnk @o1o1o1o @jenkinrocket @jomeszaros | @mother2chicks @drakos (Vote for Witness) @steemj @oendertuerk @sircork (Vote for Witness) @dimitrisp (Vote for Witness) @aymenz @buzzbeergeek @velimir @zapata42 @lykkejay @hadimemories @soushi888 @dodybireuen @ragepeanut @jatinhota (Vote for Witness) @xplosive @eastmael @littleboy @abh12345 @theb0red1 @jznsamuel @koinbot @doodlebear @evildido (Vote for Witness) @katamori @eliel @rye05 @lavater @sorucevap @alexsm @allowisticartist @omar-hesham @shreyasgune @dubem-eu @yandot @ilvstranger @fakire1sadaka @steemfunding @raserrano @lusanamaya @knowledges @simulasyon @baroen96 @rizal.konoha2 @tanvirrahman @nehomar @robin-ho @ajayyy @aejackson |
A Special Thanks to The Moderators
@espoem @jefpatat @arie.steem @ruah @stoodkev @favcau @simnrodrguez @deveerei @mcfarhat @mooncryption @cnts @shreyasgune @knowledges @lykkejay @flauwy @gktown @vladimir-simovic @orcheva @damla @monomyth @emrebeyler @mkt @scipio @ejemai @reggaemuffin @yandot
This page is synchronized from the post: A Clarification Regarding SBD/SP Split And The Beneficiaries System For The Utopian Sponsors