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RE: The New '5 Vote Target' does NOT Reduce Rewards - It Democratises Steemit Curation!!
That's a good summary. But let's not forget that this changes comes together with the "slider" so even active curators will do as well, and can continue to support authors they like by voting %.
Initially it will feel like they are shortchanging but on the long run, their % will value maybe as much as the full vote now due to reduced whale voting.
In the long long run, I think there won't be many losers.
I agree. The only 'losers' are the bot's. Everyone who hold Steem Power stands to gain from a more engaged community on Steemit
Not sure the bots lose anything. They don't vote with full power anyway, so they will be able to hover around a VP% they choose.
Bot's do lose out with the current change. There voting power diminishes quicker with the 5 Vote Target, compared to the 40 Votes Target that was in place before. The VP% they chose will have to be lower, or they will have to vote less. Both of these changes will result in losses
Yes, but each vote is now much stronger, even at lower VP, assigning more reward shares to the vote. I simulated it and very often it's higher even at a higher voting frequency. Also, hovering at 10% VP (for example) has the same effect as voting at 10% to keep VP full.