RE: 📉 Steemonomics 💡 Don't let Your Votes go to Dust! - TIL: rewards < $0.02 are not paid out!
The dust vote limit to be removed in HF20 is a different thing. There are actually two thresholds:
- if the pending payout of a post/comment is below 0.02$ at payout time it is not payed out.
- if your vote would result in less than 50M rshares (approx. a 100% vote at 100% VP with 1.2 SP), this vote doesn't even make it to the blockchain. and you'll see an error message.
HF20 plans to change only the second thing: the value of each vote is reduced by around 1.2SP and any vote will make it to the blockchain as long as the account has enough bandwidth. Votes worth less than 1.2SP will have 0 value and therefore aren't eligible for curation rewards. The idea is that voters in any case can express their support for an author independent of their SP/VP/% (but possibly with 0 effect for the author and themselves), and to reduce the profitability for mass voting at very low values in order to get curation rewards.
Keep in mind that both STEEM/SP and SBD can only be payed in multiples of 0.001. A comment payout of 0.02$ with a 10% curation share makes 0.002$ for all curators, which is already below the minimum unit that could be payed in SP even if there is only a single voter... So even without the 0.02$ limit there will be cases where rewards simply cannot be payed out because they are below the minimum asset unit.
Hey @crokkon, thanks for clarifying this! I read the discussion on the issue on GitHub again and you are of course absolutely right, different dust-limit. I've reverted that edited part of the post back to the original version.
Of course from my point of view that's "bad news", but at least I am not living with false hopes anymore. I'll let @freebornangel know about this comment, too.
The trouble with the minimum units and not being able to pay out less than a thousands was the only practical reason I initially understood as the logic behind that reward-dust rule...
in hindsight... maybe I need to change the post subject from dust-votes to dust-rewards to avoid this ambiguity...
Thanks a lot for your insight and correction!!