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RE: Steem Basic Income, rShares, and Automation
It's a bit of a prisoner's dilemma. Without those of us community-building, the landlords would see their principle value crash. But I am wondering about the particulars of the math.
I thought of another question. Can people without shares upvote for the 1.05% return upvote? Also, is it 1.05% before or after curation?
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The rshares are before curation. We figure that curation will be a wash, since curation is also taken out of our upvotes on you. (Actually, we think we can time our upvotes and come out ahead on curation, but we shall see!)
Steemians will have to be enrolled to receive the return upvote. But since enrollments will be automated, somebody could upvote and then enroll before payout and get the reward for upvoting.
Got it. So a self-upvote on myself would be 1
vs.
an upvote on an otherwise unvoted piece on you at 30 minutes would be
-1+0.25
and your upvote on me, assuming no other votes and that you did it at 30 minutes would be
1.05-0.2625
which is ultimately
1 vs. .25+.7875 (1.0375)
An excellent deal!
Phew! Thanks for that! Sets it out nicely :)