For some time I have been interested in the way steemit works. I have read the whitepaper and the FAQ. There were some significant changes in the area of the service and it was not clear what was up to date and what was not. There are also a few issues that I could not find anywhere relevant information. I have gathered in one place many issues and I would be grateful if someone with the right knowledge shared that knowledge with me.
1. How does SP affect the value of the vote? - accurate calculations showing how SP affects our upvote at 100% VP.
It is linear. The exact calculations are complicated but to keep it simple twice as much SP = twice as much reward value (assuming 100% vote power). There is also a hidden vote power that kicks in if you vote too much (more than 10 full-power votes per day) and reduces your votes proportionately (if you full-power vote 20 times, each will be half as strong).
So if we want to optimize our curation rewards, we should vote 10 times a day, each 2.4 hours, right?