this post was submitted on 02 Dec 2023
992 points (97.5% liked)

Reddit

17663 readers
38 users here now

News and Discussions about Reddit

Welcome to !reddit. This is a community for all news and discussions about Reddit.

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules


Rule 1- No brigading.

**You may not encourage brigading any communities or subreddits in any way. **

YSKs are about self-improvement on how to do things.



Rule 2- No illegal or NSFW or gore content.

**No illegal or NSFW or gore content. **



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Posts and comments which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding META posts.

Provided it is about the community itself, you may post non-Reddit posts using the [META] tag on your post title.



Rule 7- You can't harass or disturb other members.

If you vocally harass or discriminate against any individual member, you will be removed.

Likewise, if you are a member, sympathiser or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people, and you were provably vocal about your hate, then you will be banned on sight.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



:::spoiler Rule 10- Majority of bots aren't allowed to participate here.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 31 points 11 months ago* (last edited 11 months ago) (16 children)

Not sure why the others are lying - disliking a platform is not a reason for spreading misinformation.

https://support.reddithelp.com/hc/en-us/articles/17331620007572-What-is-the-Contributor-Program-and-how-can-I-participate-

They are paying eligible users based on karma and gold.

Of course, the program is more of a "see, we have something" than a proper revenue share because of the "get at least 10 gold" criterium and all the other hoops you have to jump through.

[–] [email protected] 32 points 11 months ago* (last edited 11 months ago) (6 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.

[–] [email protected] 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.

[–] [email protected] 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.

load more comments (4 replies)
load more comments (13 replies)