RE: Ask Me Anything - Marky Edition - May 2021
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What is the multiplier applied by various tribes to arrive the value of vote based on the staked amount of power? Ex: For 1000 stem vote value is close to 0.21 similarly for BHT, Leo, Sports what is the multiplier?
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0.000
It varies tribe to tribe as there is an author curve.
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How do you really explain author curve to a layman like me?
When a "curve" is mentioned, most people refer to curation rewards. Hive and some tribes have a curve on author rewards as well.
Take this example, the darker line is what would be consider "linear rewards". You can predict what your rewards would be by only knowing the amount of stake voting and the % of the vote. The rewards follow a linear path based on these two criteria only.
A "curve" is the thin line, where it doesn't follow a straight path. Lower rewarded posts will have a harder time to receive the same dollar value until a certain threshold is met. Posts that make it past this point will receive more rewards than a similarly voted post on a linear curve.
The idea behind a curve is to prevent users sneaking spam with low rewards typically with self votes, creating a penalty for this behavior. Post that are popular will receive more rewards on the top of the curve. Posts near the center of the curve will receive similar rewards under both curves.
In other words, under Hive, the penalty can be as much as 40% on the low end, meaning to reach a 2 cent vote requires almost 4 cents of voting power, but to receive $11 in rewards only takes around $10.
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