FVL (Fraction Voting Level) For Dummies!
What is the FVL? And not just what number it is set at currently!
The FVL is a system designed to balance voting. Very simply put we designed ShadowBot to allocate votes based on a number of factors. If you understand Bandwidth, you will understand why we need the FVL: https://steemit.com/steemit/@shadowbot/why-we-have-the-fvl-and-why-it-is-a-fair-system
To better understand how we set the FVL you should look at our entire formula for Pool Priority: https://steemit.com/steemit/@shadowbot/voting-allocations-have-been-upgraded-critical-update
Once you understand that our system is a balancing act NOT a vote for vote system you realize good Steemians rise and abusers are dropped. The key to the FVL is adjusting the over all pool so all get enough.
As you will notice as the FVL is lowered, the amount your pool priority goes down! That is because MORE members are voting MORE posts since they are Fractionally Voting! As we raise the FVL, everyones' Pool Priority rises.
Remember the Pool Priority is also used for the weight your Posts will receive from other members that are over the FVL! Raising the FVL may mean you get less votes, but, you get a higher weighted vote from those over the FVL, which in turns weights the pool very much the same.
So why raise the FVL at all? Well the key right now is resources. We simply can not operate enough nodes to handle the level of growth we are getting with an FVL below 1,000 SP! It just is not possible to weed out abusive accounts without raising the FVL.
Solutions going forward? We have a few ideas we are testing that will allow us to bring in proven good Steemians and Casters to a second metric we are developing that will carry more weight than the current FVL system!
Again, our current system is meant to empower ALL! Our founder and lead dev @bigdeej setup a charitable trust this last week (@deejcharitytrust) and with just 1 Shadow Rank and 23 SP was able to gain 36 votes from ShadowBot! To all new members who think this isn't working, this is proof it does! To those who wish to game our system or think we are an easy get rich quick program, sorry, we aren't! Work hard and watch in the next few months how much you earn!
For more information on ShadowBot:
Getting Started: https://steemit.com/steemit/@shadowbot/top-3-tips-to-earning-more-on-steem-and-shadowbot-pro-tips
Important Information: https://steemit.com/steemit/@shadowbot/why-we-have-the-fvl-and-why-it-is-a-fair-system
FAQ: https://shadowbot.us/shadowbot/faq.php
Signup/Login: https://shadowbot.us/shadowbot/login.php
Again I will say this again! You guys are awesome at what you guys are doing! Thank you so much for providing @shadowbot to us. A lot of the support have come to my posts from shadowbot itself.
Thank you once again!
This will be helpful explaining to people who don't understand the system. I get so many questions about how does shadowbot and steem that it takes up a lot of my time. Now I can show this! You Rock Shadowbot!
Wao Great Idea @shadowbot Keep it up Great Work
Can't wait to see new updates, you guys are doing great work!
A great and much needed explanation SB
Please reset my account @shadowbot. I cannot login due to inactvity.
Please ensure you are using your Private Posting key and not your public key, if you are still unable to login we can assist you in a manual reset!
Makes total sense, but I'm going to miss my curation rewards as the FVL rises above my SP level.
Curation rewards will always be earned by all members regardless of the FVL. If you read our post regarding why the FVL is fair we outline the entire concept of STEEM and bandwidth which generates "dust" if voted too lightly. Our system ensures those under the FVL up vote with 100% strength, which does not result in "dust", it generates a good vote that will result in a curation reward (may be small but still is there). This is all based on your SP. It is no different than you upvoting someone with 100% power (or if you have no slider just voting).
I just powered up 100+ Steem Power to my account and I passed the FVL, the feeling is sooo good, damn! :D
@shadowbot i want to ask if we are on discord if yes i love to join