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RE: A more thorough consideration of the Early Voting Penalty issue
It reduces the value of a self-vote (or a bot vote or a sockpuppet) to 100% from the current up-to-800%. If 100% is too high for you than you can still do something else about it, like exempt self-votes or prevent them entirely. Personally I think it's fine.
Edit: it's worth noting that it's still easy to get to 100% under hf20 by voting on your own comments after fifteen minutes.