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RE: Steem Basic Income, rShares, and Automation

in #busy6 years ago

Overall it sounds like the changes are going to be good. Even if it's slightly disadvantageous to some, it will make the program more sustainable and fair in the long-term.

If SBI is voting for comments, will that be a large enough vote that it would surpass the dust threshold?

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I don't have an answer to your specific question, but I recommend everyone start a @dustsweeper account - I have found mine to be very helpful!

I have one, so I would be ok. I was just curious as some people still don't use dustsweeper. I think they were talking about removing the dust threshold in the next update. Not sure if that's actually going to happen though.

That would be nice!

I read their post that came out today and it looks like they might be doing something where the VP doesn't get subtracted or something. I didn't really understand. Regardless, the dust threshold seems to be staying. Sorry.

Basically there are two different dust threshold. One is a minimum payout that an account had to exceed or it would receive 0 instead. The second was a smaller threshold that formerly stopped accounts from upvoting at all because it was too small.

The first case is where @dustsweeper comes in and resolves things, and that's not changing. The second is being converted from a minimum below which you get errors to a 'vote tax'. Instead of receiving an error and not being able to vote, your vote is just 'taxed' by that amount instead. ALL votes will be taxed by the vote tax.

Think of it as a super-regressive tax on the SP-poor. They can upvote as much as they want, but instead of figuratively having no value, it will actually have no value.

Since this is only for when you don't post for a long time, even with one share and low steeem price this should be the case.

Thanks! I post enough that I shouldn't have to worry about it, but I was just curious of the logistics. I like knowing how things work and didn't want SBI to be wasting VP on votes that don't count for anything.

Thanks for your concern. We don't want to waste VP either!

Dust threshold is problematic, because it's based on SBD payout which is constantly changing. We recommend using @dustsweeper, but we are also looking to make sure that we don't leave dust upvotes.

Yes, I use dustsweeper! It's a great tool for getting over that pesky little barrier. I post often enough that I shouldn't have an issue, but didn't want to see your VP going to waste. Might as well use that to self-vote and then grow the account so it can be used to give bigger votes.

At this point, the newly announced 'vote tax' is going to be more of a problem. Our solution to the vote tax should resolve most dust issues, too.

I hadn't heard about the vote tax.

I explained what I meant by that in another comment that I think was also directed to you.