Viewing a response to: @yabapmatt/how-to-calculate-the-value-of-a-vote
So when Steem value goes up in the market where does that price impact? Does it impact the base FEED_PRICE or something else? Also how long does it take to make that impact?
| author | jarvie |
|---|---|
| permlink | re-yabapmatt-how-to-calculate-the-value-of-a-vote-20180413t213922681z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-04-13 21:39:24 |
| last_update | 2018-04-13 21:39:24 |
| depth | 1 |
| children | 3 |
| last_payout | 2018-04-20 21:39:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 174 |
| author_reputation | 388,491,264,112,133 |
| root_title | "How to Calculate the Value of a Vote" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 49,919,916 |
| net_rshares | 0 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| mundharmonika | 0 | 0 | 100% |
It impacts the dollar values of the post payouts shown on steemit.com and other sites built on the Steem blockchain. The price that is used by the blockchain is the 3.5 day average price as reported by the witnesses who supply a price feed.
| author | yabapmatt |
|---|---|
| permlink | re-jarvie-re-yabapmatt-how-to-calculate-the-value-of-a-vote-20180413t214324863z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-04-13 21:43:24 |
| last_update | 2018-04-13 21:43:24 |
| depth | 2 |
| children | 2 |
| last_payout | 2018-04-20 21:43:24 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.040 HBD |
| curator_payout_value | 0.011 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 240 |
| author_reputation | 160,234,431,724,160 |
| root_title | "How to Calculate the Value of a Vote" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 49,920,344 |
| net_rshares | 11,008,661,869 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| mundharmonika | 0 | 0 | 100% | ||
| jarvie | 0 | 11,008,661,869 | 19% |
So a witness just chooses which market they're keen to looking at? And it's the average of all submissions during the last 3 days?
| author | jarvie |
|---|---|
| permlink | re-yabapmatt-re-jarvie-re-yabapmatt-how-to-calculate-the-value-of-a-vote-20180413t221809077z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-04-13 22:18:09 |
| last_update | 2018-04-13 22:18:09 |
| depth | 3 |
| children | 1 |
| last_payout | 2018-04-20 22:18:09 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.000 HBD |
| curator_payout_value | 0.000 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 130 |
| author_reputation | 388,491,264,112,133 |
| root_title | "How to Calculate the Value of a Vote" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 49,924,097 |
| net_rshares | 0 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| mundharmonika | 0 | 0 | 100% |
Yes, most witnesses use an average price across all markets. I actually wrote a price feed tool for witnesses which lets them choose which markets they use. In the end it's the witnesses responsibility to report the price as accurately as possible.
| author | yabapmatt |
|---|---|
| permlink | re-jarvie-re-yabapmatt-re-jarvie-re-yabapmatt-how-to-calculate-the-value-of-a-vote-20180415t005921120z |
| category | steem |
| json_metadata | {"tags":["steem"],"app":"steemit/0.1"} |
| created | 2018-04-15 00:59:21 |
| last_update | 2018-04-15 00:59:21 |
| depth | 4 |
| children | 0 |
| last_payout | 2018-04-22 00:59:21 |
| cashout_time | 1969-12-31 23:59:59 |
| total_payout_value | 0.036 HBD |
| curator_payout_value | 0.012 HBD |
| pending_payout_value | 0.000 HBD |
| promoted | 0.000 HBD |
| body_length | 248 |
| author_reputation | 160,234,431,724,160 |
| root_title | "How to Calculate the Value of a Vote" |
| beneficiaries | [] |
| max_accepted_payout | 1,000,000.000 HBD |
| percent_hbd | 10,000 |
| post_id | 50,112,357 |
| net_rshares | 9,615,984,544 |
| author_curate_reward | "" |
| voter | weight | wgt% | rshares | pct | time |
|---|---|---|---|---|---|
| mundharmonika | 0 | 0 | 100% | ||
| jarvie | 0 | 9,615,984,544 | 15% | ||
| kaluchima | 0 | 0 | 100% |
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