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RE: Safe Steemit ~ 1 Day Voting Moratorium for the Whales

in #steem • 8 years ago

The amount of Steem being distributed is fixed. If the whales don't vote their vesting shares are not used. The votes of the minnows would be worth a lot more.

Let's say you and I were the only 2 voters in the field. You vote with 3 Steem Power for post #A and I do not vote. The author of post #A receives all rewards. If I would vote for post #B with 100.000 SP the author of post #B earns almost all of the reward, but #A almost nothing.

8 years ago in #steem by
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     8 years ago 

    Upvoted! That explains my question "The amount of Steem being distributed is fixed. " Thank you, I understand now.