which I assume delegate because they like what we're doing with our curation
Let's be real.. Most of them really delegate to get attention or just think that if they delegate, OCD will start voting them xD (Not talking about major investors/supporters)
Not saying OCD does it, but I heard it from multiple people that they have delegated for that sole reason. I also ran my delegations rewards distribution bot on a community I admin, so I got some sort of a first hand experience regarding why folks with smaller stakes delegate usually, considering I had to interact directly with most of them, and that seems why the majority of them do it, whether they say it or not.
They get unhappy when they don't get special treatment, or WORSE, they are surprised when their plagiarism or AI doesn't get ignored.
But I do agree that there are also many good supporters, who do delegate because they just like the community and what it's doing.
Back to the topic, however. There are Multiple projects / communities who are doing some sort of vote selling one way or another. I don't want to directly name some, because I'm sure I'll forget others.
But some Brothers for example justify their hold x and get vote selling scheme with "we have a minimum standard of 500 words for posts" (To be fair, that one doesn't offer it as the only reason to hold their token, but still.)
Another justify their points usage as the initiation of the voting on the post is "manual". Or a Neo-vote seller justifies it with "it's only a couple of bucks max" and hiding the rest with other forms of "lotteries" as far as I know.
Then we have the whole circle-jerking aspect, with groups of probably actual friends only voting eachother.
The line really gets blurry sometimes, and I'm not sure if such practices would eventually get abolished as the userbase grows, or it would actually get worse.
We certainly hope for the former!
Because I do think with more options and varieties, it gets easier and less time consuming to find curation worthy posts from authentic authors, and there would certainly be better distribution among them.
Yeah it's no surprise that many delegate for hopes of special treatment and as I've experience myself those receiving delegation insisting on special treatment. It always just comes down to profit, if delegating gets you more profit and those receiving the delegation get profit then it's all good, right? It's like they don't stop to think who here is on the losing end of their deal or just don't care to find out. I honestly think stakeholders are way too nice about their downvotes when it comes to cases like these and while I've been trying to become more active there it's really not easy work and quite timeconsuming, especially when you have hundred other things to do.
There's close to no reason why smaller stakeholders should even delegate their stake away, we often recommend them to use it to gain followers and attention towards their own post, even if it's not worth a cent or two if u vote along with a comment it's worth more than voting 0 and leaving comments while your stake is away at some random project. Curation projects delegation for reward systems should really just be there for if you have no interest in voting at all or you're going to go afk for a while.
Just a quick question:
By small stakeholders you would mean people under 1K HP?
Hive doesn't really have a general manual that carefully guides newbies, newbies tend to read different articles from different people with different belief system at the end of the day most people just study what their friends or role models do.
So I would want to know at what point can a Hivean be able to delegate their HP.
Thank you.
You can delegate at any time really, we've also made it possible with @ocdb that even tiny delegations get returns. Point is that if you are active and willing, it's much better put to use by actively voting others yourself and trying to build connections and longterm relationships.
Ohhh this makes more sense.
Last Question please.
Since we are on the topic of curation, I got a huge delegation from someone recently and I want to use the delegation well, so ideally what is the best way of voting Hiveans posts? I mean the right way of setting your vote percentage so you don't burn out too fast and so people can also benefit from your voting power.
It recharges about 20% per day, technically you can give 10-11 full votes per day if you're trying to maximize the output of value (say when you're getting close to 100% voting power, let's say 99.99%, you cast one vote, you then wait 2-3h to cast the next 100% vote at 99.99% voting power, etc) but there's not a lot of point to this method as you don't profit from it more, it's just about how big of a vote you want to give others.
Voting power is quite flexible, if you are at 50% voting power and cast a 100% vote, it's technically just a 50% vote but instead of burning 2% voting power as it would do at 100% voting power, it only burns 1% so you get back to 50% voting power twice as fast as if you wanted to wait to get to 100% voting power.
It can get complicated to explain it, but basically keep it between 80 and 90% and do 10 full votes per day or 20x 50% votes per day or 40x 25% votes per day, etc. The important thing for yourself is to not let it sit at 100% voting mana as that may cause you to lose out on potential curation rewards.
Lol and it is complicated to understand as I read it like thrice, so I'll just leave it between the 80 and 90% like you pointed out as well.
Thanks a lot for this explanation as I’d be able to carry out my voting properly 🙏🙏
How it work o what can they really do, to get lets say views , sometimes they are just not able to vote on those post ? O they just no see the post? Is akward i'm making a general question and not a single person make a reply...
Tags?
I had a quick look at your wallet, please do not vote for witnesses like earn.hive, casting your witness vote is meant to be cast on witnesses you trust to keep the ecosystem safe. It's not meant to be "bought" by stakeholders cause if everyone voted to those who gave them a cut it would jeaopardize our security and decentralization so I hope you reconsider.
Ohhhhhh I had no idea, I didn't look at it from that perspective, thanks for point it out for me😃