RE: Steemit Average Votes per Day by User Category
Good post, always appreciate digging into the data and good visualizations. One thing though, it seems like that post about curation rewards and voting power (https://steem.io/getinvolved/paid-to-curate/) might be old. I believe some things were changed after HF19 a few months back.
Now a 100% upvote reduces your voting power by 2% which takes 2.4 hours to regenerate. Meaning (I think) that now the number is 10 votes / day and not 20. I think that's why voting bots upvote every 2.4 hours so they get exactly 10 (100%) upvotes each day.
Also one thing i'm not sure you took into account is the voting power used for each vote. Once you have over 500 SP you get a vote slider which allows you to specify what % voting power you want to use for each upvote. So plankton and minnows always vote 100% meaning they actually can't upvote as often as dolphins/whales can.
Close. When you vote at 100% weight your vote power is multiplied by 0.98 so if you are doing all your votes in one sitting you need to do 11. The math is 100% x 0.98^11 = 80.07% Then you will regenerate 20% over the next 24 hours to get back to 100% for the next day.
Why is it multiplied by 0.98? Do you have a source for that information? I'd love to see an explanation about the exact math behind all of this.
It is so that your voting power does not decay in a linear fashion otherwise your vote power would hit 0% after 50 votes (50 x 2% = 100%). It ensures your vote is always worth something and you can vote as much as you want - just with diminishing returns.
Here is a good article that talks about it :-
https://steemit.com/steem/@vcelier/should-you-care-about-your-voting-power
I am learning new things every time.... the voting power sliding scale, I did wonder about that. Such a crazy cool platform...
Oh! Didn't know that. Thanks for the information. I always adjust my power on @esteemapp so that part is not true.
@yabapmatt
I just revisited the steem.io link. It does not say anything about vote power for those 20 votes, so looks like they recommend at least 20 votes a day even with a diminishing power. Your post however got me to think about doing this average in voting power too. Thanks for that. Adding this to my bucket-list.