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RE: A Human-to-Human Auto-Upvote Exchange Program

in #steemit6 years ago (edited)

Well this sounds... like an upvote for upvote scheme. Hahaha. It's a nice initiative but I don't do such though. I know others who do such so this is good for them. :)

Kinda got lost there when I read it. Is it like 1:1? Like if my vote power at 100% is $0.01 I get back the same amount from someone else or is it a bit higher?

Lemme resteem for exposure. :)

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Yeah, you've got it. If you look at the picture of the mockup I included in this post you can see there is an option for "Ratio Between Parties". If this is set to 50/50, then you will be guaranteed to get back an equal upvote for each one you give. So if you can upvote $0.10 at 100%, and you choose to upvote 25% ($0.25) at 50/50, then the system will only exchange upvotes when both parties can upvote $0.25. Of course, you can choose different ratios.

Ok cool. Seems ok i guess.

Perhaps the part you're missing is how this benefits you? By making many auto-upvote exchanges you're trading away your votes upon many different posts in return for many votes on your one post. The more exchanges you make (and the more upvote power you have) the more you will get back for your post. This is much better than bid bots because nobody is siphoning off value from the exchange. Bid bot owners take a profit. My only profit would be from running the witness node. Would you vote for me for witness?

Oh you're running for witness. Cool. Will see. :) Thanks for the info!

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