Sort:  

That's what it means right now. After HF20 if it goes through as proposed, the author will be capped at 75% and the extra portion will no longer go to the author but be treated as if it was never used at all.

Part of what this means is that an early voter will take a big chunk of the pool of money that goes to curation away from the post. Posts that have no early votes will have 25% of their payout go to curation, while posts with early votes will have less. This will lead later voters to prefer voting on posts with no early votes, and therefore authors will want to make sure their posts don't have any.

where are you getting that? When anyone other than the author votes a post earlier, it still will increase the % of the post payout that goes to the author. The hardfork is talking about removing the incentive to self vote. It is only the curation reward that an author gets currently for self voting before 30 minutes that is going to be returned to the reward pool under the new hardfork.

Coin Marketplace

STEEM 0.17
TRX 0.25
JST 0.034
BTC 98340.67
ETH 2740.49
SBD 0.63