@Reward.app - Quick Guide

in #hive24 days ago (edited)

Screenshot_20200907 How do you create a functional employee reward program .png


Liquid Post Reward

@reward.app is a service that allow users to receive post rewards in liquid form.

By default, post reward is paid half in HBD an half in Hive Power (locked Hive). Authors using @reward.app service receive half of the post payout in HBD and half in liquid Hive (not locked in HP).

By receiving whole payout in liquid form, users are able to instantly use all of the funds. They are free to power it up, invest it in the HIVE ecosystem (hive-engine tokens, splinterlands cards etc.) or simply sell it without need to wait 3 months period of power-down.


Additional Liquid Curation Reward

Additionally, 4% of author's reward is paid to the voters in liquid form. The 4% is a default value and can be changed anywhere from 0% (no additional curation reward, all is paid to the author) to 100% (all reward goes to voters).

By using author's payout to pay additional rewards to voters we aim to do 2 things:

  • increase author's chances to receive more votes (as those votes are more profitable for voters)
  • create additional incentivize for Hive users to power-up (increase ROI from curation)

Hot To Use @Reward.app

When using https://peakd.com to write the post, simply go to advanced and choose payout option: @reward.app
Screenshot_20200907 Publish PeakD1.png

When using https://hive.blog the write the post, click on advanced and add @reward.app as an account to receive the reward with 100%:
Screenshot_20200907 Hive.png

No other actions are required, everything will be handled automatically and you and your voters will receive the payouts in exactly 7 days from post creation.


Changing Additional Curation Reward

To change the % of author's reward that will be paid to the voters, simply send 0.001 HIVE to @reward.app with a number in memo. The number should be in range from 0 to 100.

For example, if you want to set curator's share to 25%, use memo 25:
Screenshot_20200907 Hive Wallet.png

What's The Cost

@reward.app takes 1% fee from the author's reward.


Who's Behind The Project?

@cardboard and @acidyo :)

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Thank you for this service which can be really useful during trying times like these! Although I've always powered up in the past and was able to do that again as I do believe in the platform, but 2020 has been a tough year for many.

You are so right about the tough times faced by many this year. I have a job that pays my bills (so far), so have not had to rely on my hive or crypto for sustenance but I know many do. I still have faith in the platform as well, and am holding on for dear life.

Yo, that's awesome! Definitely trying it out on my next post.

Thanks for this service, I just discovered it and now I am going to use it from now on, Is very good.

Excelente iniciativa, muy bueno saberlo para ponerlo en practica

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You received more than 10 upvotes. Your next target is to reach 50 upvotes.

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Thank you for the information. I will try to use @reward.app service as my curators will also receive some rewards. I may also increase the curator's share. Thanks once again

Reward.app is a very cool service. It lets you use your post rewards in so many different ways.