You are viewing a single comment's thread from:

RE: Understanding how Reward.app works

in OCD4 years ago

you would enter say yourself, or any other of the inkwell team members, and however much author rewards you want to give them.

if you enter reward.app. whatever % you enter as beneficiary will go to them, they will then distribute 4% (the default value, unless you change it by sending them a memo) less their service fee as liquid rewards to everyone who upvoted your post. The remaining 96% will go back to you as liquid HP after they take 1% service fee.

Sort:  

Ah, lovely, that's what I thought was happening 😁

Glad I didn't confuse you in the end 😁

!ENGAGE 15

It was changing the 4% curators contribution that threw me!
The reckoner is great, though. It occurred to me afterwards that the original idea was to liquify the post and then distribute the Hive, but we (the team) had already agreed how we would distribute rewards through beneficiaries, plus for the admin, it's only one operation rather than several.
Still, I'm sure we'll all get there in the end.
Now for poshtoken ... 😁

Thank you for your engagement on this post, you have recieved ENGAGE tokens.