I don't know why there are some posts advising to change our voting habits but my understanding is it is not implemented yet @schrosct. :)
Currently if a post/comment earns 0.001 to 0.019 SBD worth of rewards - this is rounded down to 0.00. If a post/comment earns at least 0.02 SBD - then they receive their reward.
Here is the section of code that is currently checking the "dust threshold" (0.02 SBD). If posts/comments do not reach this threshold, the payout is rounded down to zero.
Note: There are currently no plans to implement this. I am just proposing it to see what people's thoughts are. If it seems like there is a lot of support for it, then further discussion on whether it should be included in a future hardfork would be needed. (So far, it is just an idea.)
I thought it is already implented after reading some posts but after reading @timcliff's post I realized you are correct because I am receiving rewards LESS than 0.02 SBD.
Speaking of 0.02 SBD means $0.04 or MORE upvote value.
@pinay One caveat is that the number represented on posts/comments is actually in the form of STU (Steem Token Units), not SBD/Steem/USD.
The websites have made this amazingly convoluted because they put a $ in front of it, etc.
Steem.supply explains this is the clearest way I've found so far, http://steem.supply/rewards
So if you take the STU number from the post/comment you can figure out how much SBD/Steem will be gained.
SBD = (STU * 0.75) / 2
STEEM = ( (STU * 0.75) / 2 ) / CurrentSteemPrice
Yes @schrosct but the 0.75 is NOT always applied due to the "30-minute rule" it can be 0.875 if voted early and the reward changes due to price fluctuations before payout too :) The second is "STEEM POWER" reward not STEEM (SBD/SP) :)
But the reward SP AMOUNT is totally different compare to BUYING Steem and Steem Power with SBD because the SP reward amount is DIVIDED by STEEM price (reward divided by steem price = SP). ;)
SP can only be used internally while STEEM can be traded externally. ;)
We earn LESS Steem Power (SP) with 100% Power Up reward setting while we earn MORE STEEM/SP with the default 50% SBD / 50% SP (buy STEEM with SBD to Power Up).
The steem.supply computation you mentioned for Steem Power reward has a big difference if we use the 50% reward (SBD) to buy Steem/SP (1 STEEM = 1 SP). ;)
I don't see how it's much different. When you calculate the reward amount you divide by the steem price. When you buy using SBD you divide SBD price using the steem price.
You can still power down SP, although anyone building their account can keep it as SP.
And yes, The 50/50 is better now, that's why I calculate it using the 50/50. I suppose if you wanted to estimate 100% power up posts then you would remove the sbd entirely and not divide the steem by 2 (still multiply by 0.75 and divide by steem price).
Currently it's more efficient to spend SBD on votes than to send it through the market. If you buy from the right people you can make 3-15% more than if you had simply traded in a market.
Currently you can sometimes get your SBD investment back and the SP's for free,
Really, fuck them for even considering this.
I thought about it and even their rounding to 0.001 is probably screwing a lot of new people more than it rightfully should.
Idk if in the future when steem hypothetically becomes much larger if this can be changed to a smaller decimal.
I don't know why there are some posts advising to change our voting habits but my understanding is it is not implemented yet @schrosct. :)
I thought it is already implented after reading some posts but after reading @timcliff's post I realized you are correct because I am receiving rewards LESS than 0.02 SBD.
Speaking of 0.02 SBD means $0.04 or MORE upvote value.
I updated my comment here:
https://steemit.com/steemit/@thedarkhorse/your-2-cent-vote-is-worthless-the-real-deal-on-dust-votes#@pinay/re-thedarkhorse-your-2-cent-vote-is-worthless-the-real-deal-on-dust-votes-20180502t054113064z
@pinay One caveat is that the number represented on posts/comments is actually in the form of STU (Steem Token Units), not SBD/Steem/USD.
The websites have made this amazingly convoluted because they put a $ in front of it, etc.
Steem.supply explains this is the clearest way I've found so far, http://steem.supply/rewards
So if you take the STU number from the post/comment you can figure out how much SBD/Steem will be gained.
SBD = (STU * 0.75) / 2
STEEM = ( (STU * 0.75) / 2 ) / CurrentSteemPrice
Yes @schrosct but the 0.75 is NOT always applied due to the "30-minute rule" it can be 0.875 if voted early and the reward changes due to price fluctuations before payout too :) The second is "STEEM POWER" reward not STEEM (SBD/SP) :)
Steem and Steem Power are synonymous.
But the reward SP AMOUNT is totally different compare to BUYING Steem and Steem Power with SBD because the SP reward amount is DIVIDED by STEEM price (reward divided by steem price = SP). ;)
SP can only be used internally while STEEM can be traded externally. ;)
We earn LESS Steem Power (SP) with 100% Power Up reward setting while we earn MORE STEEM/SP with the default 50% SBD / 50% SP (buy STEEM with SBD to Power Up).
The steem.supply computation you mentioned for Steem Power reward has a big difference if we use the 50% reward (SBD) to buy Steem/SP (1 STEEM = 1 SP). ;)
I don't see how it's much different. When you calculate the reward amount you divide by the steem price. When you buy using SBD you divide SBD price using the steem price.
You can still power down SP, although anyone building their account can keep it as SP.
And yes, The 50/50 is better now, that's why I calculate it using the 50/50. I suppose if you wanted to estimate 100% power up posts then you would remove the sbd entirely and not divide the steem by 2 (still multiply by 0.75 and divide by steem price).
Currently it's more efficient to spend SBD on votes than to send it through the market. If you buy from the right people you can make 3-15% more than if you had simply traded in a market.
Currently you can sometimes get your SBD investment back and the SP's for free,
Even that quote is confusing as hell.
Really, fuck them for even considering this.
I thought about it and even their rounding to 0.001 is probably screwing a lot of new people more than it rightfully should.
Idk if in the future when steem hypothetically becomes much larger if this can be changed to a smaller decimal.
Yeah :(