For many years there have been numerous discussions and changes to how curation rewards were distributed on Steem and Hive. Auto-voting has always been used to try and 'beat' the big curators to ensure that a bigger proportion of curation rewards could be earnt.
The biggest issue this has always presented is that many well-known authors always received large votes as most accounts were auto-voting them to gain a larger proportion of the curation rewards. In effect, this meant that many very good authors and articles were not being curated by larger holders of Steem/Hive as it was easier to just auto-vote authors regardless of their content/article.
If you were a small SP/HP holder, this meant that you had to take a gamble and vote on good new content, hoping that this great content might gain some exposure and gain an upvote from a whale, therefore giving you some nice curation rewards in return. Manual curation, under this model, is never going to be an incentive for smaller stakeholders, most who just auto-vote posts.
The Linear Curation Curve introduced on #LeoFinance here: Leveling the Playing Field - LEO is Switching to a Linear Curation Curve
now means that is doesn't matter when you vote on a post as this doesn't affect your ultimate curation rewards from that post. Effectively, 50% goes to the post author and 50% goes to the curator. For example, if you have a 1 LEO upvote and vote 100% on a post, the post author would receive 0.5 LEO on payout and you, as the curator, would receive 0.5 LEO as well.
This is a much better incentive for manual curation, which I would prefer. Now, instead of relying on an auto-voter to cast votes early on a post and hoping I vote before a larger stakeholder does, I can just jump onto #LeoFinance, read through some of the fantastic articles and posts and manually vote for these posts. I then know that my curation rewards will still remain the same regardless of when I vote on a post. I think this will now enable good content to receive upvotes from a wider range of stakeholders. No longer do you need to worry about who has voted on a post already and whether your small upvote will provide you with any curation rewards (let's face it, $LEO is an investment and most of us are seeking a return on that investment). Now, you know exactly how much curation returns you will receive. This provides that extra incentive to vote on great posts and not worry about the rewards they have or haven't received already.
This is a great move in my opinion and I am looking forward to spending more time writing, manually voting and commenting on posts worthy of my time. I hope that some of the larger $LEO holders will do the same thing to incentivize the content on the platform to grow in a positive way. Great content = more users = more exposure = rewards for everyone.
Keep up the great work.
Thanks for reading.
Posted Using LeoFinance Beta