RE: Voting Allocations Have Been Upgraded! [Critical Update]
I just want to point out to anyone reading that currently has low SP this is also good for you, because it means the people that have larger votes are more likely to stay in the pool meaning the total SP of the pool will probably increase more over time and any disadvantage you have now will balance against the increasing power of shadow casters in general. Worrying too much about immediate benefits at the cost of high SP accounts leaving the pool is not good in the long run, because having a higher percentage of a lower pool size is not actually an advantage regardless of what immediate effects you see. This kind of scenario can be deceptive because people with high SP leaving the pool is not something you ever noticed before, right? When someone joined with 1000SP, stayed for a week or two and left, did you even consider it? Or do you focus more on how many votes your post got from shadow casters rather than who is no longer voting at all.
The thing is, there have been 1500+ signups but there are only about 900 shadow casters, which shows that many people leave after some time. I am willing to bet the people with most SP are the ones most critical of any problems they happen to find and most likely to leave if they feel like it's not worth their voting, so if this change alters the rate of high SP holders leaving the pool then everyone will grow more because of it, except that will not be immediately seen because it's something that happens over time.
This kind of change takes time to have a real impact, but I predict it results in higher overall power in the pool from better retention for people that already have SP, better incentive for people that have SP to join in the first place, and more people that already joined wanting to power up. This is a step in the right direction.
Exactly this was brought up multiple times specifically by @alphacore. Our goal is BALANCE. FAIR! If you have 15 SP and expect $2 from ShadowBot first day you better be dreaming! But if you re-invest all your earnings and grow to 1500 SP in a few months, ShadowBot takes notice and rewards you more and more. With this new metric in place, it allows the bigger fish to come in and earn while still letting the smaller minnows get some boost. Remember EVEN if you do not earn a single vote your Shadow Rank can go up and your Steem Power going up even just organically will boost you OVER TIME to the front of the pack! Those who you see earning a lot on ShadowBot have worked hard to get there and provide valuable long term commitment and content to the steem community !
I agree its a good step towards those who have got high sp
But it's one step backward to minnows. Most of people with low sp dont have any other support than shadow bot.
Lets see, how it goes.. its seem the best solution for right now
Happy with the shadowbot though as its open to our suggestions and ready to make change for better
https://steemit.com/steemit/@shadowbot/minnow-booster-day-being-introduced-sunday-minnow-day
We can only get better if everyone contributes their feedback both good and bad! This project is a group effort, we just "lay the bricks". The more we get in feedback the more we know what is and is not working! We have gone through many iterations to get to here and we would be naive to say we have it perfect! We know there are always things to fix and that is why we need the feedback you all provide! The more crucial you are to the system, the faster we can identify problems we may just be over looking. This system is rather complex and has a few working parts already that it gets time consuming to inspect every last account. We rely on the feedback to ensure everyone's concerns are met. That is why we implemented Minnow Booster Sunday! https://steemit.com/steemit/@shadowbot/minnow-booster-day-being-introduced-sunday-minnow-day