RE: Ask Me Anything - Marky Edition - November 2021
You are viewing a single comment's thread:
Are there any articles that discuss how the beneficiary process works?
- If I sent someone as a beneficiary, are they a beneficiary of ALL an article's rewards?
- Does setting a beneficiary take from the author's rewards or TOTAL article rewards?
- If posting from a tribe-specific front end, does setting a beneficiary only affect that tribe token's awards?
I've asked a lot of question in this article. Sorry, I couldn't help it.
0
0
0.000
Not sure, but I can answer.
It depends on the percentage set.
It takes all rewards, that's why I commented on the POB post. If you post on proofofbrain.io, it forces your Beneficiary to 10%, this is a Hive operation, so ALL rewards get shared.
If you post off proofofbrain.io, they are changing it to a forced 20% beneficiary (by their words) but this is not a Hive operation, this is a Scotbot (tribe) operation as your keys are not used. So this only shares POB rewards, meaning posting on Proofofbrain.io actually costs you more in the end than even 50% beneficiaries by posting off site.
STEMGeeks has an aggressive 50% reduction of rewards if you do not use STEMGeeks.net, but it never takes any other rewards than STEM. It is purely a Scotbot (Tribe) reduction.
You need to be wary when a Beneficiary is set via a Hive operation as that will take a portion of all your rewards.
Most tribes don't force a benefiary, POB does. I don't think any others do. But other tribes (namely LEO and STEM) take a portion of rewards if you do not post on their front end. This is not a beneficaries operation, this is a Scotbot (tribe) operation that affects their token only. Out of all the tribes, I believe POB is the only one taking beneficaries.
You can see this on https://hiveblocks.com/@proofofbrainio
No worries.
Posted Using LeoFinance Beta
I really appreciate the response. I'll just say that I kept searching for the answer and couldn't find any. There's so much depth to this place and there doesn't appear to be a repository of information available.