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RE: Something's Cookin'

in #steem5 years ago

So will this be applied to the excess voting power or will this replace the vote selling all together?

With replacing the voting system this sounds might just cut the ROI in half, roughly.

Shouldn't it be possible to keep both, promotion service combined with that system to handle excess, idle, voting power?

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Vote selling is still available but the demand is almost 0 (whales downvotes...).
But! If the ROI for upvotes will no longer be positive and the service will actually work as an promotion, not printing free money - whales should be OK with that.

Also standard 50% curation rewerds level gives about 13.5% ROI now and the system is designed to give better results. Of course still needs a lot of work.

Thanks for the answer, finally back and got time to answer you properly.
(I have read the other tipu's post by now.)

Vote selling is still available but the demand is almost 0 (whales downvotes...).

Didn't know that, I thought that those whales would primarly downvote the bid bots and not tipu. A demand of almost zero is really problematic. Every second at 100% voting power is wasted capital.

But! If the ROI for upvotes will no longer be positive and the service will actually work as an promotion, not printing free money - whales should be OK with that.

Not so sure about that, I still think that this whole clash against the selling promotions is kinda short termed thing thanks to the whole HF20/21.

Also standard 50% curation rewerds level gives about 13.5% ROI now and the system is designed to give better results. Of course still needs a lot of work.

I really hope to see those kinds of return would be amazing. (Or even the 18% APR, totally optimistic here.)
That could even be the minimum price to pay for every vote buyer, because their paid vote has to exceed those returns. I mean why should I prefer a return lower what I could get from curation rewards?

Another thing I thought of: I guess the whole manual curation things could kinda force those whales to manually curate every downvote. Because automatically downvote tipu upvotes could just lead to downvote good posts instead of promoted posts. Kinda really interesting.

To make it short: I guess that the whole downvote retalation will come down sooner or later, the manual curation could be a nice way to support a good base ROI until the return of promotional upvotes, which will be priced based on how how high the ROI of the curation posts is.

Sounds like it will replace it completely

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