The Daily Meme #32!

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(Edited)

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Don't take my word for it, ask your trusted hive info source.

If your vote is less than 260,000hp, you get taxed exponentially more the less stake you have.

Somewhere between 50% and zero.
My math says, if you have 130,000hp, your tax is 25%.
So, if you have less than 130,000hp, you tax is >25%.

Most of us pay more than 40% of our vote to the largest accounts voting rewards from the pool.
This is a fact in the math that hasn't always been there.

How do you like these apples?

You are not getting a fair shake, big stake is taking away from you, because that is how proof of stake works, I guess.

They sold this change to the math as a way to better serve 'the community', but it looks to me like they mostly served themselves.
I haven't heard them beating this drum, though some claim to agree with me.
I still see them voting unrestricted from the pool.

If it was me in charge, there would be a voluntary 1000mv limit on how much could be taken from the pool.
The largest whales already voluntarily abide by this to some degree.
If all whale stake voted, there would be very little left for the rest of us.

'The whale experiment', if you were around for that, more than 4x'd everybody's votes.
They put an 800mv cap on votes, and made alot of people mad.
Mad enough that they kneecapped us with linear rewards, so the bid bots could drain us dry, and then went on a two year walkabout so that we could not have any development during that time.
'They' (these people have names) tried to kill what we have going here because too many unwashed were getting showered with their munies.

It's time to chase the stincyness from the platform, this tax has got to go, iyam.

If you agree with me, stop voting top 20 witnesses until they change this bs, arbitrary tax.
Your vote may not count for much towards the total, but you as an individual count just as much as any other.
If you are voting top twenty witnesses, you lend legitimacy to this inequity.
Stop it, eh?

All hail, our large stakeholders!


We are having a membership drive in these discords, tell your friends.
If you want a voice in the consensus join them, and be one.

HiveDownvoteRewards: https://discord.gg/yfd95Sy
Do your part to combat abuse.

hivewatchers: https://discord.gg/QqyrCCf
Appeal blacklist flags here.

FreezePeach: https://discord.gg/TXPkMRXYuG
Get your flag reviewed for redemption.

Hive General: https://discord.gg/SUwJ2s2

Dlux.io: https://discord.gg/mdJRstcFWg
Building the holodeck in 3d VR.

MemeHub.lol: https://discord.gg/UpYJ8Hsu4J
Home to the dankest memes on the planet.

The Pulse: https://discord.gg/3M2gRr5
Alternatives to the groupthinc.

These are public rooms managed by private people for the benefit of everybody using this blockchain.
What they do is voluntary, but openly public.
Don't abuse their willingness to work for the collective for what little we give them, eh?
Without them, none of this exists.

When you go through these rooms catching up on 'the community', be sure to look for the detective, and add your detective, too!

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8 comments
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Is this the tax for posts under a certain reward value or something else again?

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Yes, if you vote a comment, and that comment doesn't reach ~4.8htu, it gets taxed exponentially more the less it is.
This goes for posts, too.
Up to 50% is taken away, which, by virtue of the proof of stake math, goes mostly to the largest votes in the pool.

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Can you tell me where I can check the source code for this?

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(Edited)

You'd have to ask one of the more code involved people.
I can tell you it is in the curation math, and there are posts from the time of hf21 that explain it.
I haven't booked mark them, I'm doing this from recall.

https://discord.gg/WjE4cwG
This is the hive dev discord, you can ask there, and they should be able to quickly point you in the right direction.

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It's time to chase the stincyness from the platform, this tax has got to go, iyam.

The gates are opening, and the hounds are barking...(now has to go off to urban dictionary to remind myself what IYAM means....yet again..)

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I use that all the time, especially when folks haven't.
That is old skool interwebz there.

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I know you use it all the time - urban dictionary tab is now open all the time, also...it just won't stick in my noggin'..

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