I just read this, please tell me this is not true:
Under HF20 a post receiving $1 in upvotes would give the author $0.75.
Under HF21:
The reward pool will be 10% lower to fund the SPS.
The CLRC will reduce the payout by a further 40% compared to linear.
The payout to the author will then be 50% (rather than 75%).
I make this: $1 * 90% * (1 - 40%) * 50% = 0.27 under HF21
So broadly: $0.75 under HF20 vs $0.27 under HF21, a reduction of about two-thirds for smaller payouts.
If the $1 vote was a single vote from a single account, then yes, the non-linear curve would give a different result by design. This will hopefully prevent comment farming and self-voting we see which leaves more of the rewards pool for valuable content. If it was a number of votes, then I think you'll begin to approach the same amount as previously. See the deep dive for details and examples: https://steemit.com/steem/@vandeberg/reward-curve-deep-dive
The end result is, yes, I think the author rewards per post will go down. If that's too much of a problem, people may want to try other experiments like https://palnet.io or do what I suggested in my post and hide the $$$ to figure out what motivates you to be here.
Thanks for the info!
Hey Luke. Does the number of votes matter? Wouldn't it be the same payout irrespective?
Otherwise people would just split up their large accounts into smaller ones, which negates the point of the CLRC change.
The number of stake weighted votes matter, as far as I understand. The stake part is important.