After HF 20 bumpily found its place on the Steem blockchain, I monitored some of the newly introduced features (or tried to understand their consequences). I use my own tool, steem.supply, something that I initially designed to monitor only the rewards, but eventually it became some sort of a niche block explorer.
Here's how my profile page looked in steem.supply a couple of minutes ago:
Voting Power
It looks like there was a bug in the implementation of voting power after HF 20. After the first vote, the voting power was decreasing drastically (sometimes back to 0) but then it started to pick up normally. I expect the voting power to come back at the previous levels in about 2-3 days. That obviously depends on the user still voting during this interval, hence depleting the voting power even more.
Mana
The main bug in the HF 20 implementation was random assignment of mana to user accounts before the enforcement. For some reasons, users who had a consistent activity in the day before the hardfork were assigned negative mana. That made posting and interacting with the blockchain impossible until a fix was released and all witnesses implemented it and replayed the entire blockchain (which delayed things quite a lot).
At the moment of writing, it looks like mana is working. From my observations, it regenerates slower than voting power, but then again, this is subject to many other factors. I expect to have full mana in about 3-4 days.
Rewards Pool
At the moment of writing, the rewards pool is at an all time high, 785k+ STEEM and growing. One of the causes may obviously be the lack of interaction during the initial launch of HF 20, but my hunch is that the reverse auction modification also plays a role.
Steem implements a "reverse auction" for votes placed immediately after a content is published, to discourage gaming of the platform.
So, until HF 20, if you voted immediately after a post was published, your curation rewards were basically wiped, or equal to 0%. The curation reward grew gradually for the first half an hour, until it reached 100%.
Also, until now, if an author was voting his own post in this window, he could get the curation reward as well as the actual rshares from his own vote.
HF 20 changed that, and here's how:
- first of all the reverse auction window is now 15 minutes instead of half an hour
- author curation is now going to the rewards pool instead of the author account
I suspect many users who are voting their own content don't know about this change and they are still upvoting their own content and expecting the curation reward to come in as well. What happens is that this part is now redirected to the rewards pool, so they will have an interesting surprise after a week or so.
SBD Rewards
I already wrote about it yesterday, but I think it deserves another mention. The blockchain will reward in SBD only until the debt to ownership ratio is at 9%. Then it will linearly go down until the debt to ownership ratio comes to 10%. So, in order to have 50% SBD and 50% STEEM, the debt to ownership ratio should be at 9.5%. Currently, this rate is around 6-7% and going up.
If you see something new or have a specific question, please ask it in the comments.
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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