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RE: Is there a limit to self-voting with delegated Steem Power?

in #steemit7 years ago

I've self voted in the past but haven't lately as I'm a curator who is seeking sp delegations. I also don't use bid bots. I'll admit though, i often feel like I'm wasting time by NOT doing this, as i haven't really seen any benefit to not self voting or using bid bots up to today. I've been maybe mentioned once for not self voting, but it hasn't resulted in any delegations. I think self votes should be limited to once per 24 hours.

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One 100% upvote is 10% of your voting power per day. I agree with this for large SP holders. Minnows voting percentages don't matter too much unless they are trying to prove themselves a good candidate for delegation. I think somebody getting delegated to for a lower price than they get from curation should vote less than 5% for themselves. (I haven't been very responsible about this myself lately but I plan on holding myself more accountable.) That would mean 50% of one full upvote per day. The reason I think a delegate profiting from curation rewards should vote less for themselves than the owner is because there is less incentive for them to be responsible since they are not invested themselves, and so they need to be held more accountable than a whale who potentially loses capital value by abusing the system.

Self voting is such a perplex thing to look at. Our Community @steemthat actively discouraged self voting with the help of @trump3t only to find nothing but a few cents as a return. Almost everyone, spare a few is self-voting. There should be a limit to it, yes everything insane is not positive to the community. Very nice and in depth analysis by @abh12345 , really appreciated. Keep up the good work going.

I think self votes should be limited to once per 24 hours.

9 more personal accounts for many would appear quite quickly if this was introduced :)

Yeah i agree, not sure how we limit or decide what is considered abuse and what isn't. It's a tricky subject. I feel most of those at the very top of the post are very active community leaders on Steemit, so they aren't hurting the platform in my opinion.

Yes, they could be considered as to be 'earning' their self-votes by being very active and providing value to the community.