Curation Trails – Are you aware of your up vote value
The purpose of a Curation trail is to have a community of people coming together to help up vote posts.
There is an entity that is the governing body of the trail and if you join that trail then you are placing your up vote in their hands, which is why you choose wisely as to which trails you join
One of the things I notice is that a number of people that are in a trail have not set up their up vote value correctly.
I can see some trails that have a number of people are giving 0 value to their up vote when they could be adding a value to their up vote, which would not only benefit their curation rewards but would also benefit the person whose post is getting up voted by the trails curator.
If you are a member of a Curation Trail, please re visit https://hive.vote look at the trail you are a member of and check your up vote value.
Make Curation trails worthwhile being a member of, don’t waste your up vote.
We as a community are always talking about how we are supporting and buoying each other to get to certain value status, so lets actually do it.
If you are a member of a trail and don't want to give value, then stick to manually up voting and leave the trail behind
Give the trail value and allow it to be supportive
If you are the curator of a Curation trail, please contact your members and ensure that they are giving value to your trail, otherwise your trail just looks spammy.
If you are going to take on the responsibility of offering authors value through your trail then take on the responsibility of managing your trail
I had a friend that got their post up voted by a trail the other day, 600 up votes they received, They got really excited and then disheartened. Only 20 of those up votes actually contributed any value to the post, that’s 580 members of that trail that are giving 0 value to their up vote.
Why are they a member of that trail and why does the curator allow this. Its impressive to get 600 Up Votes but not when it demonstrates virtually 0 value.
If you are a curator of such a trail, please don't think that you are doing a service that is up lifting and positive to newcomers
If you are going to work as a community then work as one,
It is in your benefit to add value to your up vote so do yourself a favour and add value to your up vote
I must admit, I struggle understanding this. I appreciate the link you sent! I think I need to do some more research. Sometimes I noticed my upvote adds value and other times it doesn't....
@achim03 has written some very good advice on the settings for curation trails.
But most of all, if you have less Hive Power than @bradleyarrow, then you need to set your upvote percentage higher than him and change your vote ‘Method’ from ‘scaled’ to ‘fixed’.
In your case with your current Hive Power I would not go lower than 25% fixed upvote percentage. Likely it is better to keep it at 30% to make sure you always get value from your votes.
Thanks for the mention. You are totally right about that. If we don't have control over the account that sets the trail, we should always upvote with a fixed amount of Hive Power that is bigger than 100 HP. This is for 3 reasons:
Yes, now that I approach 130 hive power I see the apr go up to 8%
They do let you know at hive.vote that if you dont understand what you are doing then dont, or at least get informed. I am glad that this post has been one that has informed through the discussion
Definitely a learning experience :) Feel like I'm coming along though haha Maybe?
Rightly suggested , value matters rather than a big number :)
@globetrottergc - I think that the more people understand Trails the more effective they will be. It is a different concept but I think people are on the edge of understanding them
Besides a worthy upvote earns you and the author better returns. Not understanding the logic could also be a problem.
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hello @joetunex - exactly, there is a logic behind trails and people need to understand, @achim03 mentioned that there should be a tutorial and I for one would welcome seeing one as it would increase awareness and mean that people will join trails for the right reasons and be effective
Thanks for this, Russell! I need to go and check my vote value there as well. I participate in it but I don't fully understand it.
Hi Lisa,
I see that you upvote my posts with 6,25% That tells me that you are likely not using the fixed vote percentage, but the scala upvote option.
Since @bradleyarrow is upvoting currently with 25%, you then upvote with 25% of 25%, which is 6,25%.
Because you actually have almost 1000 Hive power, your upvote is usually about 0,001 Hive. But if I were you, I would raise it a little bit and switch to a fixed percentage.
Otherwise if Bradley would switch to 20%, all of a sudden you would upvote with only 5% and then you would waste your upvote.
I see on hivestats.io that your curation apr is only 5,6% which is worse than what my still very new invest4free account gets. Still at least it is not 0,0%. Quite a few people in the voting trail will have much worse percentages.
Check it here: https://hivestats.io/@lisamgentile1961
You want that APR percentage from your curation to be at least 15% with your hive power. This is not just beneficial to you, but also to the people that get upvoted by you.
So do check it out indeed.
What is that APR percentage, and how to improve it? Trying to understand.
It is the annual return on your hive power. If you have 100 hive power and your apr is 3%, then it means that in a year you will earn about 3 hive in curation rewards.
If you get that up to 10%, it means you get 10 hive.
I’ve seen people with 20%+ apr on hive. Mostly bigger accounts that can do lots of small votes, but that are careful to always vote with enough hive power to make sure they get a return on their investment.
Thanks for the explanation, makes it much clearer now.
Now go and get some of those sweet rewards.
I check hivestats.io regularly and I love seeing that percentage go up as I get more hive power.
It is influenced by power ups and downs though. So when you power up a lot of hive, then the percentage will be very low.
The calculation simply looks at your hive power and what curation rewards you got last week. I doesn’t know that just powered up some hive.
Same way if you power down some hive it will show a high apr.
Very well said Russel!
Thanks @invest4free your comments on this post are invaluable and very much appreciated by all that are reading
I’m glad to help and share what I’ve learned.
I agree 100%. If used correctly, a curation trail can be very effective for both curators & authors. But if not, well, it's pretty much a waste of time & can be counterproductive.
I had been on that person's end before with receiving a lot of upvotes on a post & only 10% of them had value. It was a little discouraging even though I didn't allow it to bother me too much. But when you put a lot of work into your content, it can be irritating. For newbies, that can be a factor in whether they choose to stick around.
I appreciate you posting about this, because it's good for people to get to understand this a little bit more & allow them to figure out if it's a good fit for them. ;)
:) hi @pixiepost - The more people understand about Trails the better, It can make a very strong and active community
eg: imagine a trail that is full of dolphins, all set correctly and giving maximum bang for the punch :
I'd not heard of Curation Trails before and will be looking into it ASAP. Thanks for another great post!
hello @janetlegere they can be a great tool, but also a trap, and theer are some great comments on this post :)
Thanks for the info, i will check on the settings as im part of Bradleys curation trail. I remember i set it up with the suggested settings. Still new to all these things regarding voting power etc.
The most important thing is that the standard setting for the upvote ‘method’ is scaled, which only works if you have more hive power as Bradley.
If you have less then choose the fixed percentage method.
And check on hivestats.io what your curation apr is.
I have just set the upvote method to fixed 30%. My APR is 2.4% (213HP)
Oh that is very low. You will have missed a lot of income there.
With 200 hive power I would advise to not go below 50% fixed upvote. Otherwise you will still not always get something out of it.
Ok, thank you so much for the advice. I will make another adjustment.
You’re welcome. This stuff is not very intuitive, since it was made people that live and dream IT and are way too smart.
Yeah, lots of information to suck up. Been active here for about a month, even though i signed up back in january.
No worries, I didn’t do much the first year.
And ask lots of questions.
Have a great day!
hello @chmoen - It is great that there is a good amount of information in the comments of this post and that it is encouraging people to have a look at their own settings -
This post has generated a great discussion :)
Nice post, thank you.
I did some changes recently, but will revisit and check again.
hello @imfarhad
ye i think that these things should be visited with some frequency to keep them up to date
Good point, Russell... I suppose that majority of those 600 people aren't active at all...
If we are talking about Bradleys' curation trail, there are a lot of different numbers... Yours is at 2%, Russell? most of the scaled upvotes are 25-50% (not sure if it shows scaled or fixed %... that should owner of the trail know)... People should check their HP and compare things... as they are losing curation rewards because of the low % of upvote... ;)
I agree that the majority of those 600 wouldn't be active - My point being that what control does a curator have with their curation trail, are they able to kick people off the trail, or do they keep them their because it makes their trail look good
I wasn't speaking about Bradley's trail specifically, I was speaking of most trail voting I see
Other point being, People need to take their own responsibility as well if they want to be an active Trail member
Totally agree with you... The only problem is that people usually don't have an idea what are they doing... lol...
So, it was a good idea to create the post and raise awareness about certain things about curation trails...
As I wrote in my post, curation trails can be a big trap where nobody wins.
If the account that sets the curation trails votes with 1% because it has a lot of voting power and everybody votes with 1% behind it, it will be worth 0. If we follow curation trails, we should always ensure two points:
Our upvote should be worth at least 100 HP
The second point is to make sure that we put a limit to protect our account not to run out of Voting Power. We should set it in a way that below 80% or 90% voting power, our account stops to give upvotes.
I believe it would be a good idea to make a tutorial about that :-)
Hello @achim03 - Thank you for the explanation - I believe that it should be the responsibility of the Curation Trail Curator to ensure that all their members have this knowledge
I also believe it would be a great asset to have a tutorial
I think that a lot of curation trails are a bit messy at the moment. There are no clear rules of how the curation is done and how people should set the curtion trail. I think it would be great if curation trails setter would define some clear guide lines on how to follow a trail. So I quite agree with you that it should be the responsability of the curation trail curator to make things clear.
I'll think about the tutorial :-)
Thanks for this explanation, Russell. I am just now starting to get a better understanding of Curation Trails and this has helped me in that regard. I am considering creating my own Family History Curation Trail, so this post gives me some good information to consider as I look into being a group curator.
hello @theroad2freedom Curation trails can be exceptional if managed well, not only by the curator but also by the members of that trail . and they need to be revisited from time to time to make sure everyone is getting maximum benefit
Great points there Russell, the only trail I follow is Bradley's trail, and I do so with 50% scaled votes, and both my HP and CTPP is high enough to give good value to the votes that are given.
Hi @flaxz - It is great to be selective witth the trails you are a part of and you are one of the many that understand how to maximise your voting power :)
Great points Russell, I agree many people have no idea and don't even look at the % of upvote they setup in a curation trail. Also another thing that should be looked at is the amount of RC before you don't vote with the trail. That can keep you from voting also.
Hi @maddogmike - Yes there can be a bit of a learning curve for people
a dot point guide would be most helpful, especially for newcomers, but I am also seeing seasoned Hivers that still haven't got it yet :)
Nice post dear ...
I guess only checking the HP is not justified their are some pople with good amount of other token staked in Hive Engine that means the upvote value in terms of the Hive is not much but in terms of the other token they have good value. But till works only when trail oa also upvote most of the time with specific tag.
Hopefully it explain what I am trying to say...