Help Me Understand 'Potential Payout' - Why does it decrease?
Hi all. I'm slowly working my way through the white paper. But perhaps someone can help more quickly. I've created a few posts where the dollar figure in the footer ('potential payout' says the tooltip) grew as people voted, but then decreased sometimes quite significantly after the first payout moment. I'm trying to understand what's likely going on when that happens. Looking at steemd.com I couldn't find any record of flaggings or votes being removed from the post - a second question: would both those events show up there anyway?
Thanks in advance for any clarification you can give!
Votes come from a daily pool. The more votes, the less each vote is worth.
A person's voting power is diluted as they vote more in a day. So If someone votes for your article and nothing else, their vote will be one of full power but if they vote for a hundred other things in the same day, their vote will be watered-down to near worthlessness.
Ah, that makes sense. Thanks @piedpiper!
Isn't that something of a disincentive to constantly engage with the platform?
It's incentivizing quality rather than quantity.
So what happens to "the quality post" that a user comes across after up-voting multiple articles in a single day, so in other words post "Z" is worthless just because that post was posted after "A, B, and C".. Im not really sure that would be indicative of a post that is not high quality.. I think this method is a bit flawed, but that is just my opinion
MattClarke ~ I would have to agree with you .. this would be a "disincentive to constantly engage with the platform", this policy needs to change if steemit wants to look for quality content over quantity..
Thank you for clarifying was trying to understand the same thing.
Also I thought I read somewhere that the payout at first includes the curation rewards, but then (after first payout?) reflects only the portion that goes to you.
hi,
What to do with potential payout ? is it to be reedeeemed. i am new here and found this query of yours.