...I've done the math of reward pool abuse and 80%+ of the voting power on steem isn't even being used... meaning everyone that does vote is worth 5 times more than they should be.
I would love to see the data on that....that is very interesting.
...I've done the math of reward pool abuse and 80%+ of the voting power on steem isn't even being used... meaning everyone that does vote is worth 5 times more than they should be.
I would love to see the data on that....that is very interesting.
https://steemit.com/steemit/@edicted/doing-the-math-on-reward-pool-abuse
So this math assumes that it takes 40 SP for +$0.01 upvote. Given this assumption, one can double their money on Steem in less than 2 years even though the Steem blockchain only has 10% inflation. (also assuming the price of steem is stagnant and not including compound interest)