Many users have complained that with the new 4x voting strength, they are running through their voting power too quickly. Absent the slider to control the strength of votes, many users are only voting on 10 posts/comments per day, so they do not 'run out' of voting power. The "10 votes per day" is a fairly misunderstood concept, so I wanted to help clear something up.
You can still vote 40 times per day - even without the vote slider. Your votes will just be worth 1/4 as much.
I will demonstrate how below. This is a little simplified to demonstrate the concept, but it does work out even with the more complicated math.
- You want to vote 40 times per day.
- You don't have a vote slider, so all your votes are cast with 100% strength.
- With pre-hf19 voting, each of your 40 votes would have added 1 cent to the payout of a post.
- Under the new voting, your votes are 4x as strong, so they now add 4 cents.
If you start voting 40x per day, what will happen?
- After a few days of doing this, your voting power will drop until it reaches an equilibrium at around 25%.
- Each vote you cast will be 1/4 as strong (since you are voting with 25% voting power).
- Each vote you cast will use up 1/4 as much of your total voting power (since only 25% is left).
- Each vote you cast will be worth 1/4 as much, so they will now be worth 1 cent instead of 4 cents.
Will I run out of voting power?
- No - not if you are casting around 40 votes per day.
- Each day your voting power will dip down to around 5-10%.
- Every day your voting power recharges by 20%, so you will gain what you spent back.
HF 19 gives us the choice
After you start voting forty times per day, you will end up casting forty '1 cent' votes. This is the same as if you were casting forty '1 cent' votes before the HF. If you want to cast only ten '4 cent' votes per day, that is entirely up to you - but you are not forced to. Forty '1 cent' votes is an option too.
Focus on Engagement
My suggestion is to not get too bogged down in the details of the math, curation rewards, and voting power. Focus on engaging with the community and voting on the stuff you like.
If you find 10 good posts/comments a day, then great - vote on those. If you find 40 good posts/comments a day, then even better - vote 40 times. The system will automatically adjust to your voting behavior, so that you can vote how you want.
Reminder to vote for witnesses!
The Steem witnesses are the elected leaders of the community that power the blockchain. Everybody should learn about the Steem witnesses and vote on who they think is best. If you don't know much about witnesses or aren't sure who to vote for, you can check out this Witness Voting Guide. If you think @timcliff is doing a great job, please consider voting for him as witness! You can vote for witnesses here: https://steemit.com/~witnesses