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I now have a clear idea of how the rewards system works haha. I didn’t know about the top 50 stackers who zapped posts as well as top 50 stackers who zapped best comments early.
would you have any idea why the rewards are so substantial these days?
I didn't know about the top 50 either, lol. I guess there had to be a cutoff, but I just assumed everyone with activity got a share of a spoils?
In my research, they were the first 20 to get laid; I even saw someone complaining about that.
someone's complaining about getting laid...?
That suit doesn't suit me, I'm light as a kite...hahahaha
you don’t need to be so attuned. you are getting the reward sats left right and centre from ~books and articles haha
yesss, imma verifiable rent-seeker. Sucker for easy sats etc, etc.
Raise your hand if you don't like zaps....hahahahaha
wah putting their sats where it’s worth. I shall enjoy the ride while it lasts
We're both learning... I have no idea how generous the rewards are, but I suppose it's a strategy, or maybe there are some good posts these days that deserve a lot of zaps, and there's a chance they'll become popular.
This ranking is interesting, since it's like predicting what will be most popular before it actually is. This metric is well thought out; I suppose it's to prevent fraud.
Yes. Most mechanics on SN are rooted in game theory.
Note that the current state isn't the final state. Things may change, so what I describe above is valid now, but if it is being abused or a new feature is launched, changes can be made to it.
I did find an earlier, much more complete explanation post, but its outdated, so I decided to not link it. It will only confuse people. I'll look into who and how that can be updated.
Thanks to your explanation, I understand the reward system better. I need to research and study more to fully understand it. I'm sure there are quite a few people who have mastered it perfectly (it's true that you learn something new every day).
In general, you have to be quite active and back the winning horse, I'm speaking in sporting terms... hahaha
When you interact with SN, a % of your sats go into the reward pool, to prevent people endlessly zapping themselves. Zaps 9%, posts and comments and boosts 30%, downzaps 100%.
Every day at midnight central time, rewards are distributed to those stackers that zapped the most popular content, before it was popular. A ranking is made of the 50 stackers that zapped the best posts early and 50 that zapped the best comments early. The ranking is based on how early and how much they zapped. Those stackers will receive a part of the rewards.
Most days, for people zapping a lot, the rewards are a small refund of the sats they spent. When the rewards are huge like they are now, they'll make some profit off it.