You are viewing a single comment's thread from:

RE: How Long Should The Curation Window On Hive Be?

in dPoll4 years ago

Right now the curation window on Hive is 5 minutes. That means everyone that votes in the first 5 minutes gets more curation rewards than everyone that votes outside of the 5-minute window.

If I am not mistaken this statement is incorrect. Someone who votes at 3 min forfeits 40% of the curation rewards, someone who does it at 4 min only receives 80% of their potential rewards.

The function of the voting window is to discourage bots from front-running everyone else. After 5 minutes everyone receives 100% of their potential rewards. It doesn't matter if you vote inside 5 minutes or not what matters is the order in which the votes are cast.

I know that the function that calculates the curation rewards uses a square root to determine the distribution of those payments to voters. What I am not sure is how that function is applied exactly.

I linear function for curation would make the voting window irrelevant. Making the voting window smaller or larger has no effect on the game theory behind curation as long as the math behind the distribution of rewards is the same.

The way it stands right now the proposal that is being pushed is to make the curation function linear within the window. Why not get rid of the window instead and level the playing field for everyone? Personally those changes would hurt me but I am ok with them if they incentivize staking hive by virtue of having a higher ROI overall.

Side note: 70% of my votes are manual and my ROI on curation is about 20%.

Sort:  

Yeah I think that statement it's incorrect too, because y use vote bit in only 3 accounts and doing it within the first 5 min it give me lower rewards than voting it after voting it after the first 5 min. And in both ways I'm of there first person voting.