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RE: CTP Chat For June 1st, 2021

in The CTP Swarm3 years ago

I had yesterday quite a number of discussions about voting on hive in general. I started with a video about it and I plan to do some more of them. What kind of questions do you have regarding voting on hive or how to improve your curation rewards?

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Is there a way to tell what your voting power for all the tags when you are upvoting a post? When you are up-voting some specific front-end let you set the %. Does this set the % vote for all the tokens on that post or is the % set by the default set up in the setting for those other front-ends?

That's a very good question and it's not so easy to answer. Basically you always upvote with the same amount that you vote on hive. So a 100% upvote in hive will also be a 100% upvote in CTP.

However if a post doesn't carry the ctp tag, this means that there won't be an upvote in CTP and your voting power in Hive and CTP will be different.

You can see your voting power in leodex.io/rewards for the different coins.

There is also a magical way to work with and it's vote weight multipliers. But I would need a specific post to explain this one :-)

The quicker we go back to linear rewards on Hive, the better LOL

It's complicated enough without having to deal with a non linear reward curve I believe :-)

I saw your post that you made.
This was some very eye opening information about upvoting.
I really appreciate all the work you do on this.
I am now being more mindful of my upvotes!

Another question @achim03 Is it more important in the beginning to stake Hive rather than CTPtalk?
I have 4500 staked at CTPtalk and only 178 HP. It seems like like I may have done it backwards

To a newcomer I would always encourage to first build some CTP power because it's much easier to generate it and to get some decent upvotes. Then with the staked ctp power, it's possible to give rewards to others by upvoting. Like that it's possible to gain influence in the community. The hive power will grow little by little but it takes much more time.

Thanks I appreciate your answer.