| json_metadata | "{"app":"Musing","appTags":["musing","cryptocurrency","blockchain","vote","weight"],"appCategory":"musing","appTitle":"What would you suggest for voting weight management by musing?","appBody":"<p><strong>Voting Weight Management</strong></p>\n<p>Currently musing is voting its questions and answers at the rate of 1%, 3%, 5%, 10%, 15%, 20% etc and I think within a community and digitalized token economy proper utilization of resources are very very important. Here the different resources in musing are:</p>\n<ul>\n <li>Musers</li>\n <li>SP of musing account</li>\n <li>Voting weight</li>\n <li>Voting Power</li>\n <li>Resource credits</li>\n <li>Delegated SP</li>\n <li>Musing platform</li>\n <li>Internet and devices through which a muser is being able to participate in musing community</li>\n</ul>\n<p><br></p>\n<p><img src=\"https://cdn.steemitimages.com/DQmRmMi8vudUcdvLY7Bg1riyMGMveJvYJXT1KvidqTswccS/wp3.png\" /></p>\n<p>With regard to the question asked here it is imperative to note that the subject matter is related to the resources like <strong>Voting weight and Voting Power</strong>. We all know musing has currently 1075432 SP including the delegation it has received. As per current algorithm, it is voting at the rate of 1%, 3%, 5%, 10%, 15%, 20% etc. And the voting power it is always keeping above 80%, so that depletion of VP will be recharged every day by 20% and it can become full again, but I think the voting weight can be optimized in a much better way than the existing, keeping the effective amount same. </p>\n<p>Letβs try to understand with the following.</p>\n<ul>\n <li>SP-1075432</li>\n <li>VP-90%( Letβs take average figure in between 80% and 100%)</li>\n <li>Voting Weight β 1%, 3%, 5%, 10%, 15%, 20%</li>\n</ul>\n<p>So with</p>\n<ul>\n <li>1% voting weight, the effective voting amount β 0.52</li>\n <li>3% voting weight, the effective voting amount β 1.55</li>\n <li>5% voting weight, the effective voting amount β 2.32</li>\n <li>10% voting weight, the effective voting amount β 4.64</li>\n <li>15% voting weight, the effective voting amount β 6.97</li>\n <li>20% voting weight, the effective voting amount β 9.29</li>\n</ul>\n<p>Now if we keep the voting amount same, then it can be achieved with a much lower voting weight than the existing, in the following way:</p>\n<ul>\n <li>0.57% voting weight, the effective voting amount β 0.52</li>\n <li>2.79% voting weight, the effective voting amount β 1.55</li>\n <li>4.46% voting weight, the effective voting amount β 2.32</li>\n <li>9.46% voting weight, the effective voting amount β 4.64</li>\n <li>14.46% voting weight, the effective voting amount β 6.97</li>\n <li>19.46% voting weight, the effective voting amount β 9.29</li>\n</ul>\n<p>The above values are calculated from steemnow.com</p>\n<p><br></p>\n<p><img src=\"https://cdn.steemitimages.com/DQmeE6yMG1YeHmYwFdsQ7p1oxFB9rM8vVaCboZpYkrw7f3k/wp2.png\" /></p>\n<p>So it very clear that there will be considerable saving of voting weight and these saving of voting weight will further help to accommodate more users as the number of users is increasing on daily basis, so it is equally essential to make proper management of resources like voting weight & voting power. </p>\n<p>So<strong> if effective voting amount can happen even with lower voting weight then why to unnecessarily waste the voting power</strong>. Because voting power takes a certain time to recharge and if the number of users goes up, then it will be very difficult to vote every good questions and answers which is valuable for the community.</p>\n<p><br></p>\n<p><img src=\"https://cdn.steemitimages.com/DQmYSxfpqjcGKFBfp1rb1LLWvJrRXrFPsmQ3iK7abL3JCsw/wp1.png\" /></p>\n<p>If musing will curate based on the above proposed voting weight, then I am sure <strong>it can roughly save around 15 to 20% of the total voting weight utilized on daily basis</strong>, which can be used for curating more topics, questions and answers and can also contribute to efficient management of the musing community as a whole.</p>","appDepth":2,"appParentPermlink":"p3jugbel5","appParentAuthor":"milaan","musingAppId":"aU2p3C3a8N","musingAppVersion":"1.1","musingPostType":"answer"}" |
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