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RE: AskSteem: What do you think of the EIP so far?

in #asksteem6 years ago

I see. I understand how the auto vote thing works. But, what I meant though was why isn't the max reward given early and then have it decrease? Rather than the reward increasing to max at the 30 min mark? Never made much sense to me. Early bird gets the worms ya know?

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Cause then there would be 100 bot accounts voting on the first block when a post is posted. The penalty was shortened from 30mins to 5mins now, so at 2.5mins you face a 50% curation penalty but depending on the votes that follow voting at 2.5mins may give u bigger returns than if you wait for 4mins and only take a 20% penalty hit but many others front-run you instead thus lower your ROI. :D

Oh gotcha! I didn't know the penalty was shortened. Awesome!