It's time to make some updates to our community again :)
I want to implement the following changes:
The payout on the LTC Contest post will be set to @reward.app so that 95% of the payout will be liquid and 4% will go to curators (there is also a 1% fee).
This means that all of the payout will go into the prize pool! (Before it was only 100% of the liquid payout). So this will boost the prize pool by 45%
It also means that upvoting the contest will return more to the curators
The Finalist post will continue to be split up by 50% so that half of the rewards will go into the prize pool.
All eligible entries to the contest will be upvoted by 10% (which is around 0.3 Hive). One time posts into the #LTC community (independent of an ongoing contest) will be upvoted as well
We now have 557 subscribers and there are about 20-30 entries into the contest which is paying out about 60-70 Hive every month!
@reward.app so that 95% of the payout will be liquid and 4% will go to curators (there is also a 1% fee).
