Hey stackers. After a recent conversation with a friend of mine, I came to the conclusion that I need to re-found the ~memes territory and build a massive bitcoin meme gallery complete with all of the best bitcoin memes in the world to help preserve, protect, and proliferate quality bitcoin culture.
As I have been experimenting and learning how territories work, I came to the realization that I don’t fully understand how the different types of fees work and where the sats actually go specific actions.
For my own benefit as well as the benefit of the SN community as a whole, I thought I would take the time to put together this post complete with sankey diagrams to clarify where sats go when someone completes the following actions.
- pays to post
- pays to comment
- boosts a post or comment
- zaps a post or comment.
Pay To Post
This one seems pretty straightforward. You have to pay some sats to post in a territory to prevent runaway spam and low quality posts.
As far as I can tell, 70% of post sats go to the territory founder and the other 30% go to the rewards pool.
So, if Alice pays 100 sats to post in ~bitcoin, then 70 sats go to the territory founder and the other 30 sats go to the rewards pool.
Easy peasy.
Pay To Comment
Paying to comment is another spam prevention mechanism. I believe it only costs 1 sat to comment if you’re logged in and 100x that to comment anonymously. I have seen discussion about raising the comment fee to 10 sats.
If Alice comments while signed in, she pays 1 sat. If she wants to comment anonymously, she pays 100 sats.
These sats are split 70/30 between territory founders and the rewards pool.
Again, easy peasy.
Pay To Boost
Users can also boost to gain more visibility in several ways.
Boost in the home feed for 100k+ sats to be at the top of home + territory for 30 days.
Boost in a territory for 10k+ sats to be at the top of that territory for 30 days.
It also seems that you can boost comments to get better visibility within a reply thread.
If Alice pays 100k sats to boost a post in ~Bitcoin, then that post is at the top of the home feed as well as the ~bitcoin territory for 30 days.
All boost payments seem to be a 70/30 split between the territory founders and the rewards pool.
Straightforward.
Zaps
Zaps are where things get a little confusing for me so maybe this is where I need some clarification. When do users get sats that that are zapped?
This is my understanding…
Post Zaps
If Alice shares a quality POST in ~bitcoin and it receives 1000 sats via zaps, Alice does NOT receive any of those sats (I think) because that only incentivizes spam and Sybil attacks. Instead (I think) those zaps are split 70/30 between the territory founder and the rewards pool.
Comment Zaps
If Alice COMMENTS on a post and that comment receives 1,000 sats via Zaps, (I think) she receives 70% of those sats, 30% go to the rewards pool, and the territory founder gets 0%.
Are all of these scenarios correct? If I am wrong, please let me know so I can put together an updated post.
Aside from referrals and rewards, are comments the only way for regular users to stack sats?
I want to make sure that I am giving people accurate information and I think there are other stackers who would benefit from additional clarification as to where the sats flow.
Thanks in advance for any discussion surrounding this from any territory founders or developers.
