Mysteries of Benefactor Rewards and Author Rewards in LEO (and more mysteries)
I had been trying to solve some mysteries.
The terminologies such as Benefactor Reward and Author Rewards always confuse me, particularly in Leo Finance.
Let's solve the one on Author Reward.
The above shows some incidences of Author rewards. I realized they are rewards for comments on a post when I followed the link. This is the link for one of the Author Reward above: https://leofinance.io/@cryptothesis/re-kenny-crane-rpbrd4
I was merely commenting and I get Author Rewards. Nice!
Then somewhere down my list of records I also see Benefactor Rewards like the following.
Following the link, I learned that these are the rewards for the posts that I made: https://leofinance.io/@cryptothesis/a-laser-focused-way-to-use-threads-check-out-the-hiver-s-profile-page-on-the-alpha-site.
5.129 LEO sounds about right, i.e. 50% of the 10.26 LEO according to what is shown on my post.
But, wait a minute!
Is there a double reward there? I can see two lines of Benefactor Reward of 5.129 LEO. Is that a case of error? Or we do get double the reward when the beneficiary was set to the same account?
To get to the bottom of this, I need to go back to my old records when I named cryptothesis2 as the beneficiary whenever I wrote my posts. Such as this post: https://leofinance.io/@cryptothesis/hive-moved-from-0-41-to-0-57-has-the-train-left
On my cryptothesis2 account, there is a record of Benefactor reward of 1.455 LEO (50% of 2.91 LEO).
Indeed, on my cryptothesis account, there is also one line showing Benefactor Reward of 1.455 LEO awarded for the same post.
With this revelation, this mystery is solved.
We do get double the LEO when we set the beneficiary as our own account in Leo Finance.
This is pretty good!
I am curious about the reward system at the base layer now.
In the case of the Hive rewards for this post: https://leofinance.io/@cryptothesis/a-laser-focused-way-to-use-threads-check-out-the-hiver-s-profile-page-on-the-alpha-site, it earned me 5.07 Hive according to the indication on the PeakD site.
Let me verify it on the Ecency front end.
Wait a minute! What is going on here?
I see a Comment benefactor reward here, which is 11.011 HP. And also a Content Reward of 10.165 HBD?
More mysteries to solve for another day.
Do you have the answers?
P/S: This is not financial advice, and please do your own due diligence before investing.
If you read this far... and if you are a like-minded Hiver who is on the path to learning more about Hive and crypto investing, and if you like to be tagged when I write such posts, I welcome you to leave a comment below and let me know. We can form an alliance to support each other's growth.
You might be interested in this post, @thatkidsblack, @graciousvic, @deflacion, @jacoalberts, @young-kedar, @svanbo, @sumotori, @zakludick, @poplar-22 and @hankanon!
Posted Using LeoFinance Beta
And maybe you referred already to the future "mysteries to solve" with it, but why do we see different rewards on the Leo Frontend than that we see in the Ecency front end? Shouldn't they be the same? !BBH
@cryptothesis! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @svanbo. (1/1)
Unsolved mystery, that one. !PIZZA
When you solve it, let me know... Well, I'll see it in your blog !LOL
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With this crazy inflation (double rewards for the same post) it is no wonder why the LEO price is where it is.
I value more tokens with no inflation.
True that!
I had trouble with LeoFinance early on. I struggled to get the proper permissions to stake the token as LEO Power, as it were. If I understand correctly, by making yourself your own benefactor, you receive double rewards... Surely, this is an oversight. I don't plan to exploit any device, but if this is the status quo, I hope I am not reprimanded for participating.
I make that comment in the light of some users discussing the nature of dtube, the account and the behaviors.
Ultimately, I'm concerned with the longevity of platforms developed here. Happy to admit that I enjoy notification of your posts as of late. Cheers
If it is an error, then it should probably get fixed but besides the slight LEO tax for not posting directly from LeoFinance should be the only one.
Posted Using LeoFinance Beta
This is fascinating... double rewards. I still can't believe it's true.
At first I thought you may have Got reward from curation (curating other content) if you don't comment that often.. might be that reason but well as You solved it. I couldn't have done it.
Looking forward to see coming mystery.
That was some heavy lifting!
Well, in that case your thinking sucks.
I couldn't have done it cuz I haven't ever Noticed.
Thanks for respecting others opinion!! You sounds very Good at it.
I had trouble with LeoFinance early on. I struggled to get the proper permissions to stake the token as LEO Power, as it were. If I understand correctly, by making yourself your own benefactor, you receive double rewards... Surely, this is an oversight. I don't plan to exploit any device, but if this is the status quo, I hope I am not reprimanded for participating.
I make that comment in the light of some users discussing the nature of dtube, the account and the behaviors.
Ultimately, I'm concerned with the longevity of platforms developed here. Happy to admit that I enjoy notification of your posts as of late. Cheers
https://leofinance.io/threads/@cryptothesis/re-leothreads-v2jeamn
The rewards earned on this comment will go directly to the people ( @cryptothesis ) sharing the post on LeoThreads,LikeTu,dBuzz.
Can we also set our own account being the beneficiary account when we have only 1 account? Or do we need to have 2 accounts for that? !PIZZA
PIZZA Holders sent $PIZZA tips in this post's comments:
svanbo tipped cryptothesis (x1)
@cryptothesis(3/15) tipped @svanbo (x1)
Learn more at https://hive.pizza.