Hi - just a couple of questions - should I be upvoting this account regularly to support, and I want to nominate a couple of people do I needto chexk theyr not already nominated,or if someone gets 2 or 3 nominations do they just get more of a share?
Cheers,
Karl.
What @improv said (thanks!).
If you upvote regularly, we give you a little bonus on your shares that increases your weekly upvote.
You don't have to check that somebody is not already nominated (that would be way too much work for you anyway- we have a lot of members!) we just increase their share count so their weekly voting weight goes up.
I might have to catch you in discord to go through how this all works, it's doing my head in a bit... According to my maths the total daily value of upvotes @steembasicincome account is around $27, but there are over 8000 shares.... $27/ 8000 = $0.0033 per day.... yet somehow I get $0.4/ day for my one share. (I've just bought more but atm it's 1). How do you get from one to the other?
I understand that a lot of people aren't posting, and that there are around 1700 people posting, but if they did, would the result be as above (0.003/ day return)? Even with $27/ 1700 it's still nowhere near 0.4 cents/ day.
Or am I just totally missing something in how this is all calculated? (quite possible!)
Cheers for you help,
Karl.
Most of our calculations are managed on a weekly basis, not a daily basis, since it smooths out irregularities in member posting patterns a little more.
There is a table in the upper right corner of the Data tab in the sheet that breaks out the weekly voting power available to the programs. I only upvote the vote values in there every couple of days, but it will get you in the right direction.
I'm always happy to chat in discord. Evening (USA) are best for me.
Ok thanks - ill look into it over the wknd then maybe catch you in the chat!
Thanks for the reply - I've checked yr spreadsheet anyway, didnt take me that long and Ive set my upvote to 100%.
Just one thing - is pool 1 rewarded at a higher weight than pool 2 etc?
There is a slight differential in the SP target per share (averages out to about 5% bump for each pool) to encourage members to keep increasing their counts and graduating through the pools.
1 yes, and two, they just get more, yes.