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RE: HF20: Change Your Autovotes Now As New Posts Will Be Paid Using HF20 Rules

in #hf206 years ago (edited)

OK, thanks a lot, so my feeling that for 7 days we will have a "mixed" payout algo is correct. That is, the curation-weights will remain the same but the author-curate-rewards will go to the pool.

This does mean that those who currently upvote very early on a post should change the timing - unless that remains their strategy, but not if they are doing it to give the author an extra reward. In such cases they need to increase their timing... now.

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If you apply the HF20 reverse auction (15 min) already now and vote at like at 10 mins instead of at 20 mins on a post that will (probably) pay out in HF20, then you'd "donate" a larger share of your vote to the pool compared of what went to the author with 20 mins under HF20. The actual weight always depends on all other voters, though...
I'm not sure if calling the payout algo "mixed" is correct. The first week of payouts with HF20 will have some vote weights and rshares calculated with the HF19 algo - so in that sense it is mixed, but only one "payout algo" will be active - HF20.

the curation-weights will remain the same

Votes under HF19 will have their weight calculated based on HF19, but may be payed out based on HF20 . The same vote for the same post under HF20 will, however, have a slightly lower weight because of the HF20 rshares downshift.
I'll change my auto-voters only shortly before HF20 will (probably) go live.

All pretty confusing... :/

Yes, sure, nobody should be decreasing their autovotes timing now, but those who vote very early should seriously think about increasing their timing now - like @indigoocean mentioned that Busy upvotes immediately on posting.

Actually, not so confusing, but few people seem to have discussed this.

In general, all data that has been written (such as weights and author-curation rewards) stays the same, but the payouts will be processed under the new rules.

That seems to be as brief as I can muster!

It depends on the intentions of the vote whether increasing the timing makes sense. If you want to give less of your vote to the public, then increasing makes sense. The author share will always be 75% with HF20. If you're voting for curation rewards, you don't care it the early-vote penalty goes to the author or the public...
I didn't look into busy lately. They voted at around 30 mins some time ago but they seem indeed to be voting instantly now. An auto-vote makes no difference for them curation-wise, but the author share of the vote will be different with HF20.

One other thing I suspect people will forget is that this also applies to comment upvotes. Most don't expect great curation rewards from comments, accepting that a large part will go to the author if, as now, the exchanges are close together in time.

Perhaps not many look so closely at the numbers as I do!

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