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7y
From my perspective the point is that the rewards are distributed from inflation.
That would be true if the minumum payout was 0.001 steem.
As it stands now, all the below-minimum payouts (small-fish upvotes) get REDISTRIBUTED to the big-fish (paid to posts that accrue $20 steem or more).
The higher the pending payout is, the bigger percentage of the below-minimum pool they get.
For example, a post with a pending payout of $117.55 steem will get a bigger scoop (%) of the pool than a post with $17.55 steem. It's not "evenly distributed".
It's literally stealing from the poor to feed the rich.
RE: Downvote early, downvote often