The formula can not be diminishing returns for steem power because then the incentive is for people to split up their steem power into multiple accounts and pretend to be multiple people.
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The formula can not be diminishing returns for steem power because then the incentive is for people to split up their steem power into multiple accounts and pretend to be multiple people.
I only think this should work for curation rewards not voting that said I think breaking the accounts seems like a hassle just to get curation rewards logging in and out again and again. I don't think people would do it.
Also maybe breaking up accounts would be good it would allow whales to do different things with different accounts. I wish I had a second account that was not my name. Anyone that googles me finds all these post.( I tried to open a redit one with no luck)
Finally I think even if it was slightly diminishing it would help. The masses of votes are really important and it would be nice to reward them more.