I have staked 3500 PAL from the start. I have voted on a number of posts and there is no change in the amount of PAL that is earned . I just upvoted this reply to my comment and it is showing me 0.00 PAL and I believe I used at least 50%.
That seems like not a great conversion rate from 3500 staked. With 0 decimal places supported, it implies that only upvotes from PAL whales will be counted, or votes from enough smaller accounts to add up to a whale equivalent...
I think that not allowing decimal places was a critical design flaw, especially with the airdrop max lower than the amount needed to grant 1 PAL per upvote...
I thought this was going to put everyone on equal footing, so everyone had a chance and not just the whales. Guess I need to give it a chance to work everything out. Also if I vote at 50% on Palnet then it also votes 50% on steemit. A few commenters got a bonus today and I lowered my voting power.
That is for sure. A lot of my followers do not have the resources to get anything if I upvote them my usual 20%. Then if I go higher so they can get 1 pal then on steemit my voting power goes down fast and they get a larger upvote, which means I have to rebuild VP. For now I will only upvote through steemit so I know what will happen and can be fair with my upvoting.
I have staked 3500 PAL from the start. I have voted on a number of posts and there is no change in the amount of PAL that is earned . I just upvoted this reply to my comment and it is showing me 0.00 PAL and I believe I used at least 50%.
So your upvote gave it 1 PAL...
That seems like not a great conversion rate from 3500 staked. With 0 decimal places supported, it implies that only upvotes from PAL whales will be counted, or votes from enough smaller accounts to add up to a whale equivalent...
I think that not allowing decimal places was a critical design flaw, especially with the airdrop max lower than the amount needed to grant 1 PAL per upvote...
I thought this was going to put everyone on equal footing, so everyone had a chance and not just the whales. Guess I need to give it a chance to work everything out. Also if I vote at 50% on Palnet then it also votes 50% on steemit. A few commenters got a bonus today and I lowered my voting power.
There will be greater decimal precision in the coming weeks, this is our top priority.
That will help a lot in making PALnet a more egalitarian solution.
That is for sure. A lot of my followers do not have the resources to get anything if I upvote them my usual 20%. Then if I go higher so they can get 1 pal then on steemit my voting power goes down fast and they get a larger upvote, which means I have to rebuild VP. For now I will only upvote through steemit so I know what will happen and can be fair with my upvoting.
The amount of PAL rewards takes a bit of time to reflect on the front end. Hopefully this will change soon.