When the $LEO price is at 1:1 with $HIVE, are 100% upvote values in USD exactly the same?
I mean, is a 100% LEO upvote worth exactly the same as a 100% HIVE upvote?
Or doesn't it work like that?
When the $LEO price is at 1:1 with $HIVE, are 100% upvote values in USD exactly the same?
I mean, is a 100% LEO upvote worth exactly the same as a 100% HIVE upvote?
Or doesn't it work like that?
No. It will depend upon your stake of each token versus the total.
Even if they are the same, @theycallmedan will have a huge Hive upvote but little Leo upvote since he isnt holding the latter.
But if they're worth 1:1, would a 50K HP stake have the exact same USD value upvote as a 50K LEO Power stake?
There are different amounts of Leo and Hive staked and each will have a different market cap.
If you have 50K of 100K total staked versus 50K of 100 billion, the vote value will be vastly different.
Ahk yep, that is what I thought.
Sigh, I just can't figure out the answer to this question.
The macro answer is to take the amount of LEO you have staked vs the total amount of all LEO staked
This tells you how much influence you have in the rewards pool each day
Then take that % influence and the total daily rewards pool
Then compare that by doing the exact same calculation on the HIVE rewards pool
You can then convert your LEO and HIVE denominations to $$
would be cool if there was a way to have our % of the rewards pool next to our powered up total in the wallet.
i think yeah,
Like a 2x upvote... .
More complex than that. You also have to look at your HIVE/LEO stakes relative to the size of each rewards pool at any give moment. 100K LEO and 100K HIVE each staked represent different percentages of each pool.