RE: How does Voting Power really affect curation rewards on Blurt? Help me find out!

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How does Voting Power really affect curation rewards on Blurt? Help me find out!

in blurt •  2 years ago 

From "The Timing of Curation:"

"Voting on content within the first 5 minutes throws away a portion of your curation rewards. The creator will still be allocated the same reward, but as the curator, you're penalized for voting too quickly. If you vote the moment the content has been made, you forgo the whole curation reward. If you vote after one minute, you lose 80% of the reward. If you vote in the second minute, you lose 60%. In the third minute, you lose 40%. If your vote is made in the fourth minute, you only lose 20%. And after 5 minutes, you get the full curation reward. This means you generally want to wait until at least 5 minutes after a post or comment is made before giving it your vote. Curation is meant to be done carefully and with consideration, not merely out of loyalty to another user or for your financial gain. This penalty allows the creator to make any quick edits, and encourages you to read it and not just blindly dish out a vote."

You can read about it in the FAQ.

I don't know why you see curators getting better results by voting within the first minute. I have never observed that.

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  ·  2 years ago  ·  

Nor had I seen this, until I looked at him in Hivestat.

Look at this in Hive:


image.png
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When voting in minute one, I should not have any reward, and there you can see how much he is winning for that vote.

Unless all that is reading, and if you know, I would appreciate you explaining it to me; The publications I have achieved are not deep in this issue.

  ·  2 years ago  ·  

I don't know what "efficiency" means on that graphic. Very strange that something can be more than 100% efficient.
"Weight" refers to the portion of the vote that was given, between 1% and 100%. Looks like he was giving mostly full votes, but some votes at half weight.

  ·  2 years ago  ·  

In Hive, I had all of my HP delegated, and while it produced some earning interest, I thought it wasn't enough. So, I came across this tool recently (because I wasn't interested in writing there anymore) and I started to study those numbers, finding users who had a profit of more than 30% just by following curation paths and automatic voting.

My APR was 0.00%, and I removed 1500 delegated HP, started using Hive.voter, and started to study, with another person, how to get the most out of it; I talked to a lot of people to find out how he did things, but few go into studying these issues in depth since they are guaranteed a strong vote from some whale.

I had to learn, and I still do, because I don't have, as I did before, the strong vote of a hive whale. I began to analyze and see, how a person (regardless of the percentage of their vote) could have a return of up to 500% of their vote in rewards. Something I never thought would happen, but the numbers don't lie. People who vote before 5 minutes, and obtain higher benefits than those who vote after. In fact, I have seen rewards with 300% profit voting after 14 hours of posting the article... I am still analyzing how it works so that this can happen, and the best, it happens to me too.

  ·  2 years ago  ·  

Well without knowing any of the details, it sounds like you are misunderstanding something, because that's definitely not how it works on Hive. Almost all whales and bots attempt to vote at 5 minutes, not at 1. The Hive FAQ is clear about this issue. When I had a lot of HP (like in 2021) I noticed my Hive curation rewards went up when I started to vote at 5 minutes instead of before.

  ·  2 years ago  ·  

So something must be wrong in HiveStats because it's the numbers it gives me, just as shown in the image.

  ·  2 years ago  ·  

I'll have to trust you on that, because that's now what it seems to be telling me! Maybe I just don't understand.

  ·  2 years ago  ·  

I don't quite understand how it works either, my dear friend, but those are the numbers. It seems that if a post (at least in Hive) hasn't reached $1, and we vote for it, there is a chance that our vote will become more effective when a strong vote reaches that post.

Here's another shot:

image

  ·  2 years ago  ·  

I can barely read that.
What is efficiency? And why can it be greater than 100%?