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RE: As a rule of thumb, the optimal voting time is before 5 minutes

in #steemtalk5 days ago

I may look into things in more depth today and possibly do a more involved writeup on this topic, but I was poking around and found an old script that I wrote to help comprehend the convergent linear curve, it spits out what the rewards would be for various accounts if they did a 100% vote and were the only vote on a post:

NameVestsSPMana %Linear voteCurved vote
Redfish00100.00%$0.000$0.000
Minnow1000000587100.00%$0.007$0.004
Dolphin100000005873100.00%$0.073$0.038
Orca10000000058737100.00%$0.734$0.441
Whale1000000000587373100.00%$7.342$6.294
danmaruschak152618789699.08%$0.011$0.006
steemcurator01221102169381298695096.94%$162.343$160.900
Sort:  

I'm not going to have much time to look into it more today, but FWIW, I saw an HF21 post from Steemit yesterday where they said that they expected the inflection point for post value to be 20 STEEM.

Here's that same table with % of new vs. old added:

NameVestsSPWeightPayoutDollarsPercent
Redfish00100.00%$0.00000$0.00000n/a
Minnow1000000587100.00%$0.00700$0.0040057.14%
Dolphin100000005873100.00%$0.07300$0.0380052.05%
Orca10000000058737100.00%$0.73400$0.4410060.08%
Whale1000000000587373100.00%$7.34200$6.2940085.73%
danmaruschak152618789699.08%$0.01100$0.0060054.55%
steemcurator01221102169381298695096.94%$162.34300$160.9000099.11%

As percentages, I'd say minnows, orcas, and whales are generally consistent with what I saw in the spreadsheet yesterday. I'm not sure why it goes down from minnow to dolphin, though - or from Minnow to your account? I would not have expected that...

Update: Here's what the spreadsheet says the curve would look like as percentage of linear (rshares across the X axis); looks like the 100% vote for SC01 would be roughly 4.25 * 10^14, so a whale would be in the neighborhood of 2 * 10^12:

Except for the downward movement after minnows, I'd say that's consistent with your script's output.

expected the post value inflection point to be 20 STEEM.

That's right, posts that generate 20 Steem + will have an advantage over posts that generate less than 20 steem. that is, the reward will be somewhat higher for posts that generate more than 20 steem +

And stated values ​​before payment of posts show 30-32% higher values ​​before the payment takes place. I don't know if it matters for your math.

I'm not sure why it goes down from minnow to dolphin, though - or from Minnow to your account? I would not have expected that...

My guess would be rounding issues and the numbers in the table only having three decimal places.

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