update voting power and weight #21
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plink01001
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Apr 5, 2018
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This is good information. Can you please leave the current paragraph on voting power "as-is" and then add a new paragraph right below it explaining the concept of "vote strength"?
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Ok changed. |
plink01001
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Apr 20, 2018
whitepaper.md
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| Users are allotted a fixed amount of voting power. Voting power is multiplied by a user’s vesting tokens to determine how much share in the reward pool should be allocated to a given work item. Every vote that is cast uses a percentage of remaining voting power. Users can vote for more posts, but each vote will be worth less, and it will take longer to reach full voting power again. Voting power recharges at a fixed linear rate of 20% per day. | ||
| Users are allotted a fixed amount of voting power. Voting power is multiplied by a user’s vesting tokens to determine how much share in the reward pool should be allocated to a given work item. Every vote that is cast uses a percentage of remaining voting power. Users can vote for more posts, but each vote will be worth less, and it will take longer to reach full voting power again. Voting power recharges at a fixed linear rate of 20% per day. | ||
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| Users can define a strength for each vote (0% - 100%). A strength of 100% represents 2% of the remaining voting power, and this is the used power to compute the shares as mentioned above. This is useful so that users with a large amount of Steem Power can better manage their voting power. |
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I don't believe a vote with 0% vote strength is possible. Can we find out exactly what the smallest possible vote strength is?
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Hi, you are right, there is a minimum strength... which is defined by the STEEM_VOTE_DUST_THRESHOLD (50 VESTS). Please review this change. |
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TL;DR the power used goes from 0% to 2% of the remaining voting power approx.
In the source code evaluator.cpp:
In conclusion, and replacing the constants:
abs_rshares = vesting_shares * ((current_power * abs_weight)/10000 + 50 - 1/(60*60*24)) / (50*10000)then, it is approx.
abs_rshares = vesting_shares * current_power/(50*10000) * abs_weight/10000Then the maximum power used is 1/50 of the current power approx. That is, 2%.