RE: [Witness Talks] Auto voting on Blurt

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[Witness Talks] Auto voting on Blurt

in blurt •  2 years ago 

The solution is simple - autovote when your voting power reaches 100% and only on the last post from your feed.

this way every time you log in, your VP will be > 98% so you will be able to vote manually


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  ·  2 years ago  ·  

yes, if the voting trial was limited to voting only when BP reaches 100% for the first trending post, it would certainly be a slightly better solution. In this way, after someone's activity for at least a day or two, the autoupvoter would not vote. However, basically anyway, you could go and ignore the blurt and come back only to claim prizes.

Second weld, do we really need to print these blurts? The more there are, the higher the inflation. If the user does it manually, we know that at least he "paid for it" with his attention, which translates into a lot of different benefits and opportunities for the network.


Posted from https://blurtlatam.intinte.org

Currently, inflation is 9.01%. If I am not wrong this number cannot go up. And now:

Vote Yield estimate (100k BP) = 19.7% APR (-0.3)

If all BLURT were powerd up and used to vote on posts, Vote Yield would be 9.01%

This is the conclusion: large accounts such as blurtbooster, ctime, upvu.... benefit from the fact that small accounts do not vote

This is why I think that an auto voting tool that works on the principles I mentioned is needed. It would allow for a fairer distribution of reward pool funds

https://blurtlatam.intinte.org/blurt/@rycharde/blurt-economic-indicators-20-november-2022


Posted from https://blurtlatam.intinte.org

  ·  2 years ago  ·  

Ok, it's math and Tokenomics but I'm talking about other factors that I think are equally or even more important:

Creators of quality content don't care too much about 5-10 bucks per post. What they are interested in is, for example, 2,000 followers regularly visiting their blog every month, who take interactions to, for example, will buy the products they promote, click on their advertisement or leave feedback so that they can consume the attention of others. The best ones who keep following them earn a few thousand a month, although they write, for example, 5 - 10 articles.

These are the people we want to have because they will keep many of users on blurt who, apart from activity under their posts, will also be recipients of other services, and clients.

For me, the situation is simply that we want to cook dinner by burning down the kitchen.

On hive, the decrease in user activity was felt very strongly after the introduction of voting tails.

The second thing that discouraged users were, of course, downvotes, but I'm afraid that the lack of the first ones may not help much here.



Posted from https://blurtlatam.intinte.org