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RE: Proposal for New Rules Regarding Self-Votes and Voting-Rings

in #steemit6 years ago

Nice to see more discussion about this topic and proposals for new rules that become this "game" called Steem fairer.

You pointed some maths about the rewards using pure self-voting, maybe you are interested in this post that I write some months ago:
https://steemit.com/utopian-io/@jga/self-voters-can-achieve-an-interest-of-248-apr

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Yes, accounting for differences in the blockchain values, we get similar self-voting percentages. At the time - 11 months ago - the simple APR was 72%!! I didn't calculate the 50-50 split as the point of the argument would have been the same. APR as of today is about 23%.

I think at the moment steem inc are waiting to see if adjusting the SBD print rate will have the desired effect. I suspect expectations will change without changing behaviour - such % rates are still way above bonds... although returns on NASDAQ would have been as good :-)

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