I didn't know about this modification, I had seen mention, but not a clear explanation. It may well be that I am wrong about curation rewards and they can become a net value add. Possibly some kind of ranking that modulates how the whale can win them would eliminate abuse potential, making it really a proper competition to see who can see the best stuff early on. The goal of developing with this AI algorithms to pick this then would make more sense.
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Anyone who has more than 30,000 Steempower can now select how much to give - say 33% instead of the full value of their vote. That's why the really big single upvotes have stopped and you see a lot of smaller amounts given.
Yes it was added a few weeks ago to the Web GUI but was always a part of CLI based voting. When you use the CLI you give a percentage to indicate how much of your vote weight you want to give at the time. For the GUI it only applies to high value accounts from what I have ascertained (don't know the cut off) - they have a little slider like a volume control to decide how much they will give each post.
Ah, this explains why the multi-thousands rewards have stopped, and a lot more stuff is apppearing on the trending page.