I write this only for the record.
a 0.85 gave me a 0.65 including the trail.
I meant it to be 0.085.
Not refunding in such a case is not a bad move.
Refunding fully is a bad move.
Best move is to automatically refund bids above a certain value instead of upvoting them at all.
Also, the frontrunners should give proportional votes.
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I was actually considering putting an upper limit. I can’t refund because of the smaller bids that other bidders got for the round. I only refunded once for bid size when someone recently sent over 20sbd. I also had to refund all others in that round. That bid also raised the average bid by a lot so I had to manually change it so people would still get Frontrunners votes. I was exploring doing the proportional Frontrunners votes but then there might be times where some above average bids don’t get upvotes. This is because I don’t let the Frontrunners get less than 75% Voting Power. The proportional votes would be a vote compared to the highest bid of the previous 1000. If a bid comes in at that same level it gets 100% vote, half the bid gets 50% and so on. Let me know if you would like to see proportional votes rather than guaranteed additional votes.
Proportional votes will be better for everyone except those trying to maximize their returns by pitting lowest above average bids which is bad for you, your frontrunners and your higher bidders.
The criteria should be like to get frontrunners' votes bid should be > 0.5*average bid and then it gets votes in the same proportion the bid gets compared to the other frontrunners votes receivers (those satisfying the criterion in the same round).
This way the frontrunners' voting quota will not dwindle and before enacting it they should be recharged to 100%.
Since I got a big vote I do not deserve a full refund, but a partial refund for me and the rest would be nice.
The size of the portion should be proportional to the bids, and this way the rest of the bidders would get a partial refund too.
Maybe a 50% refund for all.
Not full refund for anyone, but proportional refunds for all.
Minnowbooster enforces a similar (not identical) policy.
They have other problems, like not maintaining a voting quota discipline.
A bidding bot should always recharge to 100% or at least above 99.9% before starting a round. In this aspect and other, but not all aspects, you are good.
This comment has received a 22.98 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!
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This comment has received a 17.22 % upvote from @steemdiffuser thanks to: @stimialiti. Steem on my friend!
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