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RE: Weekly Upvotes Report

in #updates6 years ago (edited)

We hope that most members would at least upvote the regular updates on @steembasicincome. However, the reward multipliers are in place and provide benefit for upvoting the other accounts too (and most members could do better upvoting the other accounts, because they are not as difficult to earn decent curation rewards from).

Setting all the accounts at 2x per day on an auto-voter that only votes posts would result in a maximum of three upvotes per day. That's a higher proportion of voting power than most people should commit, even if it entirely replaces self-voting, so we are not explicitly asking everyone to upvote everything.

A more advanced strategy would be to have SBI upvotes take your VP spillover (instead of selling votes through one of the voting marts). Since most auto-voters do not support rule-level VP limits, this would require using more than one auto-voter (unless you wanted all your auto-votes to be only in the event of VP spillover.)

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Okay, thank you for the prompt response @josephsavage. Makes sense not to overcommit on upvoting, even though beneficial vs. self-votes.

I do not exactly follow your last paragraph. Specifically, do you have a link to an explanation of how we would "have SBI upvotes take your VP spillover", i.e. how we would set that up?

A lot of people use Steemauto for their regular 'scheduled upvotes' and trails, and then separately have MB market or smartmarket to sell votes if their VP gets above 95% or so. I call this 'VP spillover'
(Basically, your VP is consumed to support your regularly scheduled auto-votes, along with your manual votes. Then if that doesn't consume all of it, you sell any excess instead of letting it go to waste.)

I think that most people 'oversubscribe' their VP, so it gradually decreases and then when it gets lower than they are comfortable with their auto-voter is paused to let their VP recharge.

Without knowing how you manage your VP, it is hard to create specific recommendations. That's why make bonuses available to everyone that wants them, and list all the accounts where they apply, but do not require ANY votes for regular membership in Steem Basic Income.

Okay, thanks for this response @josephsavage. As time permits, I will look into it more. I do want to be supportive, as the foundation of good business (from my long life in it ...) is it must be "mutually beneficial." I think you are one of the "good guys" on our Steem blockchain, so want to use SBI optimally ...

P.S. I use Steem-Auto, as it has been recommended by others ...