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RE: The Economics of Upvoting Your Own Post

in #steemit7 years ago

Thank you for your detailed analysis!

I have a question regarding the calculations where the Whale doesn't upvote his post first.
Each whale has a vote value of $400. If a whale adds $400 to a post, $300 goes to the author and $100 goes to the voters, right? So the total author reward would be $300 * 4 = $1200 or am I missing something? Among the voters $400 will be divided. The total post value will be $400 * 4 = $1600.

Total Curation Per Voter | 100.03 | 50.01 | 33.36 | 25.11

In your table the total curation reward is 100.03 + 50.01 + 33.36 + 25.11 = $208,51. Shouldn't this be $400, whereby the first whale receives more than his initial $100?

Thanks for your explanation!

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The way i have presented the curation rewards in this example is with each distinct voter in a column.

I have shown the total author rewards in this much simplified example at the bottom. For the author in this example it would be 1626 or 1701, depending on when they voted.

75 dollars is a lot of money but I would argue it's not material in the context of a whale investment.