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RE: Potential Payout Changes with HF 19 Launch

in #hf197 years ago

Casual users (who vote less than 40 times per day) are going to get additional influence, as they will be able to consume all of their voting power in 10 votes per day.

This is an urban legend!

If you lose 2% of your voting power for each upvote at full power, after 10 votes in quick succession, your voting power will be 81.7% (0.9810 ~ 0.817).

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I could have made it more clear. Users who vote more than 10 times per day do not use up all of their voting power. They just use it up at a rate faster than it replenishes. After the HF, ten 100% votes per 24 hours (or twenty 50%.. etc) would be the optimal use of voting power so that the user does not run out, and still uses the maximum number of votes.

After the HF, ten 100% votes per 24 hours (or twenty 50%.. etc) would be the optimal use of voting power so that the user does not run out, ...

Well, here is the thing: your voting power does not go down by an absolute 2%, but it goes down by 2% of your current voting power.
So, if your voting power is 50%, after one vote at full power (after HF19), your voting power becomes 49%, not 48%.

So, if after HF19 you vote 20 times at full power every day, your voting power will not "run out", but it will stay around 60%.
20 votes is putting your voting power t 66.7% of its value (0.9820 ~ 0.667) and 60% x 66.7% is 40%, that is exactly 20% less, that you will get back automatically in 24 hours.

Something about your explanation seems off, but I will review.

Well, for 20 upvotes at full power per day, 60% is the initial voting power that you have every day when you do your 20 upvotes in rapid succession.

When you want to do your 20 upvotes at the same voting power, you need to space them equally, and your voting power will be 50% for each upvote:
From voting power 50%, after one upvote, your voting power is 49%. After 1 hour and 12 minutes (= one day/20), your voting power is back to 50% and you may vote again.

These are the two extremes: 50% and 60%.

I discussed it with someone who is a lot smarter than me on curation and you are right. I appreciate you helping to clarify this!

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