Payout of interest is on a 30 day rotation, you can get paid every 30 days, but it takes a transaction to trigger it.
You could go infinite days without a payout if there were no transactions.
Alright I think I understand. You're earning interest all the time, but it's only paid out every 30 days and only then if you've made a transaction to or from your HBD savings account within the current 30 day period. If you don't do these things, you're still earning interest, it's just not sent to your account. If you want to compound your earnings, you need to make sure you transact at least once every 30 days. You don't forfeit any earned interest in a 30 day period by not transacting in that time, do you?
So when does each 30 day period roll-over? How can you know where you are in the cycle?
The reward pool varies with the price.
When you vote, rshares are given.
Rshares represent the variable of your hp, voting percentage, and number of other rshares active in the pool.
When curation gangs vote, your vote loses value.
When payout occurs the rshare value is calculated as htu and the htu are calculated to become hp and liquid hbd, or hive, depending on the debt ratio, or if you powered up 100%.
Powering up 100% has proven to be the best bet for maximizers.
I followed up until you wrote "debt ratio"
What is that?
As we currently have linear rewards, not a fan
Can you explain what linear rewards means, (like I'm five), contrasting it to whatever the rewards were before the change?
When it comes to this, I am five. Younger even. One
What alternative to linear rewards would you like to see?
The delegated of dpos refers to the ability to vote witnesses by stake.
Delegation for other purposes was added later.
I had a feeling that one word was being used for more than one thing... like so often happens on this chain 😄
What I would most like to see is an end to rule by force.
I'm with you there
Thank you for the reading material
Another potential benefit of delegating your stake is to @dustbunny
But in that case it's an entirely different thing to what your post is about
No need to burn books when nobody reads them
Hard to read due to it being so true...
Ask all the questions you need to, we are both better served by good information being available to all.
Open source, yes?
Absolutely agreed. Just didn't want you to feel obliged to answer all my questions
Commenting on a post with questions about Hive feels a bit like stopping a random person on the street and asking them to explain to me how the economy works
And thank you @timcliff for taking the time to answer my question in great detail! Really appreciate it
Voted for you as a witness
RE: The Daily Meme #174!