RE: Self-voting, Vote Trading and Enlightened Game Theory

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Self-voting, Vote Trading and Enlightened Game Theory

in steemit •  7 years ago 

<"...you get 25% of what your vote was, the other 75% goes to the author, so if your vote is $0.12 then you get back $0.03 for voting."

This is much different that what I understood. I thought that curators received 25% of the post value, so that the curator in your example would receive $25.

I am now alarmed that it is my comments that produce over 2/3 of my rewards LOL

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The 25% does go to curators but that isn't split equally among lets say 30 votes(that's unfair for those with large votes), but depending on the votes themselves, so it would be the same as you getting 25% of what your vote was even though it is out of the "25%". Also votes allocate more to the author in the first 30 minutes, gradually settling at 25% at the 30 minute mark, but I forgot what they are initially, it might be 85% goes to the author if it's right after it's posted. I think that was supposed to change so for all I know it might not be so anymore.

I am not following, I guess. If curation is allotted 25% of the total rewards for a post, and (in the example you gave) where only one vote applies, then for a $100 post, that vote would seem to be worth $25, regardless of timing.

In a real world situation, where there are likely to be many votes on a $100 post, then the timing of the vote would clearly change that, due to the allocation you mention.

Right?

Yes, correctly, it would allocate more to the Author if it was within the 30 minute mark.