I rarely give 100% votes myself! It’s best to spread votes out as far and wide as you can, the higher I grow the more I decrease my vote strength so that I can give out more!
Dolphin is a great accomplishment, congrats on that!
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How does that work exactly? Is there an article somewhere? I’ve been doing 10% on most things, unless I absolute love the content, then I jump up by an order of magnitude. I’m still a total nobody here, probably an amoeba if they have that class 🤣
Anyway, yeah I’d love to understand more of what the voting does and how the percentage selected plays a role. Don’t want to take up a ton of your time, but if you could link an article or something, this noob would really appreciate it!
Just gave you a look and I think you're doing great!
One of the things that many people take a little while to figure out is there is what is called a "dust" threshold for votes. If your vote is less than .025$ or 2 and a half cents, then it won't reach payout. Payout is limited to anything over .025$ and above so if you make a post and only receive .02$ as the reward you sadly won't make anything. This is to prevent spam and abuse though, so there aren't thousands of posts at less than the .2 cents receiving money.
Now that I got that out of the way, I think you are on the right track for now. Voting at anything less than 100% is good up to a point. It's best to have 10 votes at 10% then 1 vote at 100% for what the blockchain calls "curation rewards". That's the 50/50 split between the person who created the post and all of the people who voted on it. The comment I just voted on for you, you get 50% of the .06$ that I voted on it which is .03. For me, as the "curator" I get .03 in rewards for "finding" the content to vote on.
Goin back to the 100 post analogy, it's always great, in most cases to have 10 posts curation reward coming in versus 1 post curation reward. It gets more important the higher your Hive Power gets over time but for the most part this principle holds true.
For your wallet, I personally would pull out that liquid Hive and save that for the next Power Up day happening in January (it takes 3.5 days to withdraw from savings, won't make it in time for December power up) so that you can power it up. Liquid Hive doesn't earn any interest in the savings account, only HBD earns interest so it's best to just keep it liquid for you to use it when you need to. You also don't need to wait and can just power it up anyways, that's always an option!
The last point I wanted to just iterate is that I would try to stay around above 92% voting power that way your vote is worth a good amount but you aren't wasting your voting power sitting at 100%. I don't recommend going below 90% personally, but others have different opinions on that.
What website do you use to access the Hive blockchain? Do you use PeakD, Ecency or what other front-end? Just curious!
I love helping folks out so don't worry man!
Wow, this is a lot to digest, but makes pretty good sense at first glance. I’m definitely going to want to read this again later for comprehension, but certain points just made sense immediately, like the minimum for payout.
I’m switching my vote for now to >90%. So far I’ve never depleted my voting power, so I’ll take it for a spin this way and see what happens.
I thought I noticed that the 10% in savings only applied to the HBD, yeah I’ll move that over to HP as soon as I can get it released. I’m hoping Doge climbs up again so I can liquidate and bring it over here. I never really knew what Doge was, but Hive seems to make a lot of sense…it’s an investment I can sincerely get behind.
I’ve been using 3Speak and Ecency so far. Outside of these two things and my keychain, I’m in way over my head! …I’m just hoping I can piece it all together as I go, cuz if I wait to understand all this before I join up, I’d probably never get in :)
Ah sorry I meant to be a little clearer but it helps to know that you use Ecency. I think if you click on the settings bar it brings over a pop-up box on the left side of your phone and you can see your voting percentage.
By voting I meant this "mana" section here. You don't want this to dip below 92% when you are out there voting on content. Your votes get spent and it takes time to recharge it all. The more you vote, the lower it goes and your overall vote gets decreased as well over time until it recharges.
Another thing, just checking out your profile in more depth, I would limit yourself to 1 or 2 posts a day maximum. More than that can be considered spam and you can get down voted and flagged for it so scale it back a bit. I think it's awesome you're posting! Just stretch it out. You can even schedule posts for a future date which is really cool.
It's great that you're using Ecency, you get activity points and you can use those points to boost, or upvote, your posts and help get yourself some more Hive Power!
Doge is okay, I don't know if I would liquidate all of it but it's definitely great to have a good stake here on Hive!
Thanks for this, that makes a LOT more sense! I’ve definitely been over-posting by that criteria…yeah, I’ll step it back a touch. This was probably a bit special since I mainly wanted to get my new communities off the ground, but good to know now before I form a habit of inadvertent over-posting!
As for Doge, I was just coming to the same conclusion, if nothing else just because I planned on leaving it in my ledger wallet for 10 years before messing with it…hate to have an empty ledger after all that time, so no more than half but I’m really excited to add to my HP here.