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RE: Searching for the upvote "sweet spot" - following @beanz' lead

in #curation7 years ago

Cool! Thanks @ats-david. We were just discussing leaving it at 20 but if I can keep to my 40 votes at 25% without being completely depleted, I could live with that.

Maybe you can shed light on this too. When HF19 passed, my 100% vote at 100% vote power was worth about $8. Now it's down to about $3.50. Is there an easy explanation for that drop?

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I don't have a slider yet. But my vote used to be worth $0.00. After HF19 my vote is now worth $0.12ish. My biggest gripe prior to this change was that my vote was worth 'nothing'. But your vote losing 57% of its value...I would be frustrated too!

---Homa

Is there an easy explanation for that drop?

Easiest explanation is the drop in price, but that doesn't account for the full loss. I'm sure the rest has to do with the number of people voting, the number of votes being cast, and the amount of influence being used.

How exactly it all pans out, I'm not sure.

For the record: I was not in favor of the changes. I wanted less than squared but more than a full linear algorithm. And I was completely against changing the vote target to give people 4x upvote power. Both of these completely disregard the abuse mitigation protocols that were in place...and even worse - they came after the 4-post reward limits were removed. But it seems that nobody wants to listen to common sense, so here we are.

Here's the most informative article I've seen explaining the drop in payouts - an article by @penguinpablo - Why Your Potential Payouts are Going Down. It's the inverse of the HF18 problem, where the reward pool had to build up over a month. Now the reward pool is being drained, but it's not clear how long it will take to reach a new equilibrium.