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RE: DON'T LET GREED DESTROY STEEMIT

in #steemit7 years ago

That's not how it currently works as I understand it. The more SP you have, the more of the daily crypto you have to give out. If you don't give it out, other people don't get more. It is wasted. I try to make sure I vote 20% of my power a day to make sure I'm giving out as much as I can without going negative.

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You think so? If you had a link for this confirming it would be great. Thank you very much in advance.

https://steemit.com/faq.html

Will the reward pool pay out more or less depending on who votes?
There is a fixed amount of STEEM coins that gets added to the rewards pool each day. In the short term, the amount of coins that get paid out may be higher or lower depending on the amount of voting activity, but over time it will pay out the full amount of rewards regardless of who votes.

Votes in Steem are stake-weighted. Therefore voters with more STEEM Power have a greater influence over the allocation than voters with less SP, but their votes do not increase the amount of rewards.