RE: What if we used the SBDs created every day in the DAO to buy and burn STEEM?

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What if we used the SBDs created every day in the DAO to buy and burn STEEM?

in steem •  2 years ago 

So, upvu's combined VP comes through the proxy vote mechanism. Unfortunately, this proxy weight is not considered for proposal voting. So, it has to come from every individual voting on the proposal by themselves.

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2 years ago by

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      ·  2 years ago 

    I vaguely recalled that witness proxy votes were used on the DAO (not delegations of course).

    Is there anywhere now that votes on DAO proposals can be seen? Then it could be tested.

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        ·  2 years ago 

      I will need to check for this. Let me verify this over the weekend and get back to you on this.

      I might have mistaken delegations and proxy votes now that I read this comment😅 Will check this out.

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          ·  2 years ago 

        Are you sure about proxies?

        Take a look at this old tool...

        Put in upvu.proxy or rme in the CHECK VOTES box and you get...

        @upvu.proxy
        29.79 million SP
        (305.24 SP + 29.79 million SP proxy)

        @rme
        9.72 million SP
        (9.69 million SP + 29.56k SP proxy)

        !

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            ·  2 years ago 

          I can support double SP votes (18 million) ..but, my question is ...... is it really possible to pump steem price in such a way ?

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            ·  2 years ago 

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              ·  2 years ago 

            Yup. Proxy votes count You are right. Mistook delegations and poxy. My bad.

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                ·  2 years ago 

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                  ·  2 years ago 

                Yes I believe that is the case - the two biggest voting blocks (upvu and rme) are the key voters.

                It would be good if the CDRs could maybe manage the process.

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                    ·  2 years ago 

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