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RE: The Fork and the Bunny

in #dustbunny5 years ago

Right now, the SP-requirements to generate a dust-proof reward with a single vote is at almost 1.7k SP. With "convergent-linear" rewards after the Fork, this will basically be doubled to well above 3k SP!

I had calculated it this way: at 1700 SP currently, my 100% upvote is worth $0.03 so after HF21, any vote I cast below 70% VP becomes dust. However, it sounds like you're saying that anyone that holds less than 3K SP will be wasting all upvotes after HF21...?

Someone mentioned DustBunny a while back, but I did not know who was behind the project. Now that I know, I am ready to throw a delegation your way! Thanks for 'hopping' into PYPT and spreading the word this week! 😊

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Well... with 1700 SP right now a 100% is worth $0.0228. Since you have another 500 odd SP delegated to yourself you actually get to almost 2300 SP - that puts your 100% vote to $0.0306 .

So, if you upvote a comment that has zero prior votes, right now that's $0.030, after the fork it will be 0.015.

But if you upvoted a post that already has $100 in rewards, that will be $100.03 afterwards, just like it is today, because that's enough rshares on the post to make the reward curve basically linear again.

No upvote is ever wasted!

It will be increasingly difficult to reward a good comments all by yourself, though, without risking that vote to eventually be lost as dust.

I'll still keep upvoting comments, I'll create a lot of dust and I am afraid the bunny won't be able to take care of all of it. But if you asked me, upvotes aren't just about rewards, they are for communication, for feedback and for appreciation, too!

The bunny will try to do its part and help where it can.

P.S.: I had added you to the watchlist a little while back, the bunny apparently already helped you out at least once in the last week, since you have a decent bit of SP already, the free service won't do too much for you, that will change when the bunny knows the support is mutual ;)

It will be increasingly difficult to reward a good comments all by yourself, though, without risking that vote to eventually be lost as dust.

I'm thinking about upvotes on posts as well as comments. With my SP, any upvote I give has to be at 70% minimum or else it will fall into the "dust" threshold and be swept-away when rewards are paid-out. If the price of Steem falls, then a higher-percentage would be required; if the price of Steem rises, then that percentage will fall and perhaps a 50% upvote will no longer count as dust, as it will now.

BTW, Bunny has mutual support now...

Maybe there's a little misunderstanding?!

This dust-rule we're dealing with here applies to combined rewards, so two 1-cent-votes would still make sure there's enough rewards to not be dust and it will be paid out. This is exactly where the bunny comes in, it will upvote just as much on top of the existing rewards as what's needed to bring them over the dust-limit (with a generous safety margin) at least 12 hours before payout.

During the last 12 hours before payout, voting efficiency decreases, so anything that's not fluffed up by the bunny at that point, that means the bunny didn't get to it.

But, there's actually a dust-vote policy as well... before HF20 the blockchain completely rejected votes if they were too small. Since HF20 this has been changed by reducing all votes by 50million rshares (that's maybe 1.5SP?!), smaller votes will be treated as actual dust-voytes with zero rshares. This has nothing to do with the bunny's purpose, though.