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RE: Announcement: All votes will be up to 8 times more powerful in new hard fork!

in #steem-help8 years ago (edited)

Thanks for this update, I'll make the appropriate changes to the FAQ. Is the following accurate?

If you can currently place 40 votes worth $0.10 each, with this update, each day you'll be able to place:

  • 40 votes worth $0.10 (at 12.5% slider power).
  • 20 votes worth $0.20 (at 25% power).
  • 10 votes worth $0.40 (at 50% power).
  • 5 votes worth $0.80 (at 100% power).
  • Almost any other vote combination worth a total of $4.00.

If a user wants to place five votes each day, she can do so at 100%. She also has the option to place:

  • 10 votes at 50%
  • 20 votes at 25%
  • 25 votes at 20%
  • 50 votes at 10%
  • 100 votes at 5%
  • 500 votes at 1%​
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Yes, that's all approximately correct. There is another option: leave your slider at 100%, vote 40 times per day, and your voting power will equilibrate somewhere around 12.5% and it will be as though you've been voting with the slider at 12.5%.

The difference is that if you adjust your weight with the slider (like in your examples), your account voting power stays high and you leave yourself a reserve (so if some spectacular post comes along and you want to give it a massive vote, you will be able to). On the other hand, If you vote a lot at 100% and just let your power equilibrate wherever it equilibrates, you will have spent that whole reserve already.

If I could sum it all up, I'd say: "vote however many times you want; voting at full power is better unless you're sure you understand the tradeoffs; don't ever let your voting power recharge to 100%."

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