this post was submitted on 02 Dec 2023
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[–] 0xD@infosec.pub 31 points 9 months ago* (last edited 9 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.

[–] DarkGamer@kbin.social 32 points 9 months ago* (last edited 9 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.

[–] ech@lemm.ee 5 points 9 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 9 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.

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