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RE: A MESSAGE TO @newflash, A SOCK-PUPPET ACCOUNT OF @transisto: Stop Downvoting My Posts And Acting Like A Sociopathic/Socialist Whale!!
It is self voting then? In other words, do you control those accounts? Just read @snowflake 's comment, never mind
"Reward pool rape" is generally held to mean exactly what @transisto is accusing you of here - collusive voting taking large rewards. What you're talking about is just dumping.
The reward pool rape is a misconception based on a flawed assumption that rewards in the pool are scarce and finite.
Your voting power allows you to use a certain portion of that pool, it's basically 1SP = 1RPP ( reward pool portion) there is no 'rape' and there is no 'taking large rewards', your rewards are pre determined by the amount of steem power that you have.
The real people raping the reward pool are those dumping steem on the market not allowing the reward pool to grow in value.
That would only be the case if every account voted once in a certain time period with the same weight. But that obviously isn't the case.
The reward pool is finite, it is precisely calculated, you can get this number from the blockchain. I calculate it regularly in my calculations. It is given by the following formula:
reward_pool = reward_balance / recent_claims, wherereward_balanceandrecent_claimsare available values from the Steem API.You can see it here at @penguinpablo 's SteemNow calc (explanation) and read about the reward pool (also by him) here. TLDR; it's about 48,029.695 a day (depending on a few factors).
The more that large stakeholders vote, the more they use because rewards are proportional to the total vote reward shares (
rsharesin the code) which are currently pending (i.e. before payout).So this is what is meant by reward pool rape. Problematic term but widely used none the less.
If you knew this already I do not mean to be patronizing, just exact and clear.
This is all not to say that people dumping steem is bad for the price, which effects the market value for the rewards and thus reward pool, it's just a different thing.
I meant to say everyone has the same reward potential relative to their steem power.
The reward pool's value isn't.
I have shown that it is, as long as it continues to be used. It is bounded.