i have a better question now. when i add a rule one of the settings is the voting power. If i set it to 100 is it going to use all of my voting power in one shot or just the max available? why does it give me an option at all? i thought voting power was decided by an algorithm with a max of 5% going to any one post and resetting every 24 hours. I don't get exactly what the "voting power" setting is for or what i should set it to for reward optimization both for me and the author.
You can think of it as how much weight your vote carries. A vote at 100% will give twice as much to an author as a vote at 50%. It will also use up twice as much of your overall voting power. Quoting from the official blog post about HF 19:
As it stands now a single 100% vote uses only 0.5% of your remaining voting power (voting power regenerates fully over a 5 day period). That means real users would need to vote 40 times a day at full power to use all of their voting power.
The post goes on to explain what will happen after the hard fork takes effect:
After this change, a single 100% vote will use 2% of your remaining voting power, meaning that 10 full-power votes a day will now exhaust the majority of your voting power. Of course, if one does not wish to use this much voting power in a single vote, anyone is still free to lower the power-percentage of their votes accordingly.
I think an optimal strategy is to tweak your voting rules so that your overall voting power hovers around 80%. That means you are fully using up your 40 votes per day, but keeping your voting power high enough to provide good benefit to the people you vote on + good curation rewards for yourself.
You can see how much overall voting power you have by clicking on the "Get VP" button on the main Steemvoter accounts page.
Steemvoter is available at http://steemvoter.com/ (normally it's https, but our SSL is disabled temporarily while we perform site maintenance)
i have a better question now. when i add a rule one of the settings is the voting power. If i set it to 100 is it going to use all of my voting power in one shot or just the max available? why does it give me an option at all? i thought voting power was decided by an algorithm with a max of 5% going to any one post and resetting every 24 hours. I don't get exactly what the "voting power" setting is for or what i should set it to for reward optimization both for me and the author.
You can think of it as how much weight your vote carries. A vote at 100% will give twice as much to an author as a vote at 50%. It will also use up twice as much of your overall voting power. Quoting from the official blog post about HF 19:
The post goes on to explain what will happen after the hard fork takes effect:
I think an optimal strategy is to tweak your voting rules so that your overall voting power hovers around 80%. That means you are fully using up your 40 votes per day, but keeping your voting power high enough to provide good benefit to the people you vote on + good curation rewards for yourself.
You can see how much overall voting power you have by clicking on the "Get VP" button on the main Steemvoter accounts page.
ya i feel a little stupid now. I figured that out shortly after i posted the comment but you can not delete comments so here we are. Thank you though.