Stake and bake: WPS voting

Out of curiosity I asked a friend to pull some numbers for me. I wanted to see the votes on the worker proposal system questions going into development by @blocktrades from a different view.

The question is whether the WPS should be funded by donations only, or by a mixture of donations and a percentage of the inflation pool.

Here are the numbers for the total stake owned by all those who voted.

-- DONATIONS
-- MVESTS: 2355.518052497921
-- SP: 1174654.4534557669

-- BOTH
-- MVESTS: 8290.4085960178963
-- SP: 4134277.5394793949

This is not an accurate representation.

As you can see, based on stake, the clear option is the "Both" choice with almost 4x the owned stake behind it, however the alue of the actual comments is currently

Donation: $39.16
Both: $36.27

Now, there are several reasons for this discrepancy of course and one is that a great deal of stake is actually locked up in various areas, including delegations to projects and bidbots. This means that while the accounts own stake, they can't add vote value.

Another thing is that a lot of accounts have delegations either from others or directly from an alt account that affects vote value but not the owned stake calculated. This could be somewhat countered if all people with interest and alt accounts also votes with their alts. But only somewhat.

What about all the other anonymous curation accounts like mangos, redes and the curation snipes going around? Not to mention Freedom and of course @blocktrades (who I will assume won't vote considering his stake in the development).

The challenge of course is getting an accurate view of stake preferences given that there are so many delegations in and out and a whole range of accounts that have split their stake for various reasons across multiple accounts. So far there are only 95 votes and 146 votes on those comments respectively. (All these people complaining about the proposal, why so few votes cast either way?)

Now, your stake is your voice and many have sold their voice to the highest bidder, but that aside, this decision on the proposal is potentially one of the most important in the history and future of Steem. Getting it right is the aim.

There has been talk of @dpoll working on a stake based voting poll but it will suffer the same issues as all accounts would have to vote in order to get an accurate representation. If Freedom does happen to throw his vote in the ring, that essentially locks it up either way.

Steem is a very interesting animal and the way people manage their stake is obviously a big part of the dynamics. However, if it is impossible to get an accurate account of the way stake actually thinks in a binary choice, is it being managed well?

I think everyone realises that the questions however important, aren't really going to be representative of anything in their current voted form but, what will?

Taraz
[ a Steem original ]
_{(posted from phone)}