More details coming but DVS code has been updated creating a green zone price for DVS. Right now this green zone is 0.5-1 HIVE per DVS. Below 0.5 APR will be below 21%, in that zone APR will be 21%, and above that zone APR will be above 21%. This has been added on top of the average price setup.
There needed to be a better way to control output. This encourages delegators to allow the price to rise instead of them trying to get it down to print themselves more. To print more than 21% they gotta let the price rise.
Over the next couple weeks, I'll be buying up the extras and pushing the price into that green zone, after that the system should regulate itself.
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To support your work, I also upvoted your post!
Can you please explain how the upvote based on staked DVS is being performed, with regards to percentage calculations. What if the voting rounds when recovering 100% VP will be abandoned.
Every 2 hours and 30 minutes what would be a full upvote (based on current VP) is split between all staked DVS and added to a database. Your vote shares build up over time. When you create a post, 40% of your shares are converted into an upvote up to 100%.
If we lose a big chunk of HP like we just did, some larger percentage upvotes will be given out to try and compensate for the missing HP, but things will balance out as those shares get spent.
Thank you for the quick and clear response!
I wish you success in continuing the project!
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! help
(no space) to get help on Hive. InfoIs that based n the total VP or available VP? Right now a 100% upvote is effectively worth 50% because the voting mana is at about 50%. I hope I am asking this question in a way that makes sense.
A tutorial post with a breakdown of the full details on how this all works is greatly needed and over due. I support this project but we need some serious communication ASAP so we understand exactly how everything works.
I understand things are rapidly changing and being tweaked but not communicating this vital info is hurting the project. It's a huge pain in the ass to have to search through comments just to get crumbs of info.
Available, it asks the chain what value a 100% upvote would be with current VP and splits it up. This allows VP use to be managed depending on availability.
And you're right, it does need a complete guide post. The site also needs a major update. However time is a limited resource, and I put that available time into the code and answering the odd question. In the past I have been blessed with community members making their own guides to whatever is getting built, and I come along and make corrections in the comments if any are needed. I haven't gotten so lucky yet here
Thanks for answering. I do understand time and energy are precious and often scarce resources.
Funny you should mention that I was thinking of doing a mini post guide for easy reference.
please do make that post.
I wrote it today. It's scheduled to post early tomorrow morning.
looks good, thanks for the update; my only concern is the large spread still remaining, but that should get smaller once things stabilize again
@tipu curate
Upvoted 👌 (Mana: 51/71) Liquid rewards.
sounds good
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