this post was submitted on 02 Dec 2023
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[–] DarkGamer@kbin.social 31 points 11 months ago* (last edited 11 months ago) (4 children)

Thank you for the correct answer! I would have gone on believing a lie had you not responded. Here's their payout table:

Contributor Tier Karma (Over 12 mo period) Payout Rate (Dollars per Gold) Minimum Gold for payout
Non-contributor 0-99 Karma No payout; balance rolls over n/a
Contributor 100-4999 Karma $0.90 per 1 Gold 10
Top contributor 5000+ Karma $1.00 per 1 Gold 10

So they charge $2.69-$66.99 for gilding and only give the contributor $0.90-$1, keeping the rest. Wow, sounds like a shit deal for everyone but Reddit.

[–] Socsa@sh.itjust.works 11 points 11 months ago (1 children)

So basically this will give a very small handful of gallowboob-scale karma whores maybe a thousand dollars a year.

[–] DarkGamer@kbin.social 4 points 11 months ago

Assuming users are willing to pay for comments. I'd expect far fewer awards to be handed out now that they cost dollars.

[–] ech@lemm.ee 5 points 11 months ago (1 children)

I think the higher amounts in OP's pic are multiples of "gold" (with $66.99 being 25 gold) and assume the payout would change per gold for what seems like a different currency than what that table is for (where 1 gold is $1.99 USD).

All that said, Reddit hasn't really given any reason to give them the benefit of the doubt here, either, so it could very well be $1 per award no matter the amount paid for it.

[–] Clinic@lemmy.world 2 points 11 months ago

with $66.99 being 25 gold

so they keep 60+%. I am not sure why people willing to support someone won't do it directly vs giving a high percentage to a middle man.

[–] Valmond@lemmy.mindoki.com 5 points 11 months ago

$0.90 per gold ?

I mean shouldn't that gave been:

$0.90 ger dollar given by golds?

Anyway, it smells like the large majority will work and get nothing, some "pro" accounts will maybe.

Reddit was mainly driven by lots of small 'content-creators' (I hate that word so much) like ordinary people sharing and helping.

Cheers to you all making posts and comments here (and well anywhere actually, because IMO it benefits humanity mostly).

[–] sjmarf@sh.itjust.works 1 points 11 months ago

You get $0.90 per gold - the fancier golden upvotes are worth multiple gold, with the most expensive one being worth 25 gold. So the post creator can claim 33% back