#AliveAndThriving: Adjust Vote Weight Multipliers To Use Your Full Token Voting Power

in We Are Alive Tribe2 years ago (edited)


In this video I talk about vote weight multipliers for Hive-engine tokens, and how to adjust them to use your full token voting power, enjoy!



Graphic made in Desygner, photo by Erik Gustafsson

Hi there and welcome to my vlog, my name is Erik Gustafsson and I go by the handle @flaxz.


#AliveAndThriving: Adjust Vote Weight Multipliers To Use Your Full Token Voting Power

So if you are voting with Hive-engine tokens, like ALIVE for example, using your main acount, then you are most likely not going to use the full voting power for that token.

One way to solve this is to have a separate voting account for each token, but that might not be the best solution in every case, and what you can do instead is to adjust your vote weight multipliers for each token.

Say that half of the votes you give have the #alive tag, and the other half does not, then you are only using half your ALIVE voting power, but by setting your vote weight multiplier for ALIVE to 2 then you are using your full voting power for ALIVE.

You can also set decimals here, I am not sure the limits for that, but I am using up to 2 decimals, so setting a multiplier to 1.65 for example is not a problem.

Vote weight multipliers can be set under Rewards in Leodex, however for some reason that does not always work, even if it's broadcasted successfully it does not always go through.

@achim03 has made a tool for this that actually works, you look up the voting power for each token, and then broadcast a change using Hive Keychain, and it's available here, https://www.ref-hunters.ch/votemultiplier

One thing to note here is to not do too big adjustments at one time as the swings can be very big, and setting them too high at once can drain it, so adjust in small increments and more often until you find a good spot.

Enjoy Watching The Video!

Thank You!

Thank you very much for watching my video, leave your thoughts in the comments below, and ...

Stay Awesome!

Sincerely,
Erik Gustafsson

My profile on PeakD

My profile on We Are Alive

This is my own personal opinion, do your own research before investing, and seek legal counsel if uncertain.


Credits For Music

Royalty Free Music from Bensound, track Hey!


Join the We Are Alive Discord


Made in Desygner


Made in Canva


Made in Desygner


@flaxz


▶️ DTube
▶️ IPFS
Sort:  

I did not know this tool, very useful. I think I saw that something similar can be done in Leodex.

 2 years ago  

Yeah @achim03 has made a fantastic tool, and as I said many times Leodex just does not work, the transaction goes through, but it does not change the settings.

!ALIVE
!BBH
!PIZZA

 2 years ago  

@yeckingo1! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (7/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

hello dear friend @flaxz good afternoon
The work you do for our community is great, I'm going to see it more calmly how it works
Many thanks for this information
I wish you a beautiful afternoon

 2 years ago  

Thanks a lot José, and yes as I said make small adjustments over time to keep things stable, and enjoy your Sunday.

!ALIVE
!BBH
!PIZZA

 2 years ago  

@jlufer! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @flaxz. (4/20)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

Because this is such an awesome post, here is a BBH Tip for you. . Keep up the fantastic work

PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
flaxz tipped jlufer (x1)
@flaxz(8/10) tipped @yeckingo1 (x1)

You can now send $PIZZA tips in Discord via tip.cc!